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Volkswagen

World news about “Volkswagen” published by euronews.

17/04 17:41 CET

VW boardroom battle ends in defeat for chairman Piech

VW boardroom battle ends in defeat for chairman Piech

Ferdinand Piech, the chairman and patriach of Volkswagen's founding family has been surprisingly defeated in his bid to remove the firm's CEO Martin Winterkorn. He received the supervisory board's "full support" as well as the offer of a new contract when his current deal…