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Volkswagen denies report of Piech’s resign


The company has denied rumors published by German newspaper Handelsblatt who reported that its 76-year-old chairman, Ferdinand Piech, plans to step down from his post in the coming months for health reasons. The newspaper had earlier cited sources close to Piech as saying he is likely to step down in the coming months because of poor health and wanted 66-year-old Chief ...
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More Ferdinand Piech articles

Ferdinand Piech’s Wife Up for Election for Audi’s Board
Ursula Piech, the wife of VW chairman Ferdinand Piech, is ready to join Audi’s supervisory board. It’s been one year since Ursula Piech has joined VW’s 20-member board and now she ...
SEAT marks 20th anniversary of its Martorell plant in Spain
Spanish car manufacturer SEAT is celebrating an important landmark in its history this month: the 20th anniversary of the official opening of the Martorell production facility. Before the inauguration of the ...
Prosecutors extend manipulation probe to all Porsche SE board members
Prosecutors in Germany have extended a probe into market manipulation during Porsche's failed bid to take over Volkswagen to all members of Porsche SE's supervisory board. The list includes chairman Wolfgang ...
Winterkorn to remain VW CEO until the launch of the next Golf
Volkswagen CEO Martin Winterkorn said he may remain at the helm of Europe's biggest carmaker beyond the term of his current contract to launch the new Golf model. VW chairman Ferdinand ...
Piech suggests VW will add at least one brand
Volkswagen AG chairman Ferdinand Piech suggested the company has plans to add at least one brand to the lineup in a bid to become the world's largest carmaker by 2018. In ...
Report: VW planning to terminate its commercial vehicles partnership with Daimler
Volkswagen plans to put an end to its commercial vehicles partnership with Daimler as it wants closer ties with its truck subsidiary MAN. According to a report from Reuters, which cited ...
VW’s Chairman Ferdinand Piech, 75, to Retire in 2016
Volkswagen announced that chairman Ferdinand Piech was granted to lead the automaker beyond the term. Ferdinand Piech’s decision to postpone his retirement will push back the succession plan and will also ...
Rumors: Bugatti preparing 1,600-hp Veyron for 2013 Frankfurt motor show
It's hard to imagine anyone would need more power from a car than what a Bugatti Veyron has to offer. Well, it seems Bugatti engineers think the Veyron can be improved ...
Marchionne tells Piech to forget about Alfa Romeo
Fiat CEO Sergio Marchionne told VW chairman Ferdinand Piech he can forget about getting his hands on the Alfa Romeo brand. Speculation about the German carmaker's interest in the Milan-based brand ...

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