Volkswagen Faces Fight Over Future Leadership of the Company – Wall Street Journal

Posted: Monday, April 13, 2015

BERLIN—The Porsche and Piech families that control Volkswagen AG, Europe’s biggest automotive group, are battling over the future leadership of the company as Chief Executive Martin Winterkorn vowed to resist efforts to oust him.

The leadership crisis erupted Friday, when Ferdinand Piech, chairman and grandson of the inventor of the Beetle, suggested that he had lost confidence in Mr. Winterkorn. Mr. Piech said in comments to Spiegel…


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