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Industry: Email Alert RSS FeedStop the debate, Piech has won.(Ferdinand Piech appointed as chairman of Volkswagen group)
Automotive News Europe, November, 2005 by Snyder, Jesse
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Byline: Jesse Snyder
Ferdinand Piech wants to build a legacy by taking personal control of Volkswagen group. In his single-minded style, he has parlayed his family's wealth and control of Porsche (he is the grandson of Porsche founder Ferdinand Porsche) and his position as chairman of the VW supervisory board into an unbeatable position.
The shouting isn't over, but Piech has won. The coup was brilliant. But the process and the alliances Piech picked to do it with will make governing his new fiefdom more difficult.
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