Volkswagen Board is divided over CEO's future at car maker

Article Abstract:

Volkswagen AG of Germany is experiencing infighting as the Supervisory Board is thought to be split 10 votes to 10 votes on the issue of the continuation of the position of the Chief Executive Officer Bernd Pischetsrieder. The Chairman of the Supervisory Board for the automobile giant supports Mr. Pischetsrieder.

Germany, Evaluation, Company Profile, Pischetsrieder, Bernd

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Bugatti Chief Bscher steps down

Article Abstract:

Chief Executive Thomas Bscher, Bugatti unit, Volkswagen AG of Germany is resigning in the management shake-up at the automobile giant. Mr. Bscher was to oversee the Veyron sports car project. The Veyron reaches top speed of more than 250 miles per hour with a price of approximately 1 million Euros ($1.3 million).

Parent-to-subsidiary activities, Subsidiary-to-parent activities, Appointments, resignations and dismissals, Subsidiaries, divisions and units, Bscher, Thomas

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Porsche Chief vows to push VW changes

Article Abstract:

Wendelin Wiedeking the Chief Executive of Porsche AG of Germany sits on the supervisory board of Volkswagen AG also of Germany. Mr. Wiedeking is pushing for big changes at the autohaus giant to increase sales. Porsche AG is the largest shareholder in Volkswagen AG since 2005.

Porsche AG, Wiedeking, Wendelin

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