tizzy at Volkswagen: According to a media report seems tablecloth between VW supervisory board Piëch and VW board boss Winterkorn cut. This would make a leadership crisis in the room and Winterkorn’s future at VW would be questionable
industry expert. Winterkorn should resign
16.26 clock The fate of Volkswagen hunt for years, the duo Piëch and Winterkorn. But trust between the two is shaken, Piëch has distanced itself from the CEO Martin Winterkorn. “Winterkorn since Friday a” Lame Duck “(lame duck). The white now also the porter at VW. Therefore it would be for winter grain better, he would not harm themselves in the next few months, but to resign. I think Piëch has suggested to him that, “says industry expert Ferdinand Dudenhöffer, who teaches at the University of Duisburg-Essen.
S & amp; P threatens France with further downgrade
13.11 Clock: The rating agency Standard & amp; Poor’s (S & P) threatens France continues with the downgrade. The outlook on the rating is still “negative”, said S & P on Friday in London. However, the credit rating initially remains at “” AA “This is the third best rating at S & amp;.. P
The institutions and the country’s economy are strong, writes S & amp; P In addition, the private sector debt is. . low, the financial sector was stable
S &. P believes that the government continues its gradual reforms and budgetary policy remains on course but there was a risk that the government will veer from the path of reform Resistance in.. the ruling party is high and also stood at more choices Therefore, the outlook remains negative Fitch gives France the same note as the S & amp;…. P, Moody’s rated “Aa1″ the credit rating one notch higher
VW Because Supervisory Board have been “unpleasantly surprised” by Piëch statement
Saturday, April 11, 12.04 clock: Prime Minister of Lower and VW board Stephan Weil (SPD) Volkswagen CEO Martin Winterkorn demonstratively strengthen the back. “I am unpleasantly surprised about the statements quoted by Professor Piëch,” Weil said Friday the German Press Agency in Hanover. Earlier, the “mirror” had reported that VW supervisory board Piëch of winter grain retreating. The news magazine quoted the 77-year-old on Friday with the words: “I am to distance Winterkorn”. Previously, it was considered a set that Winterkorn once Piëch detaches in office.
Because said: “I think a public debate on the tips of VW dangerous Representatives of the State of Lower Saxony will not take part in it and insist to return to an internal discussion..” Lower-elected members saw the development of the Group’s positive and cultivated a trusting relationship with the CEO.
Because represents together with Economy Minister Olaf Lies (SPD), the VW shareholder Lower Saxony in the control panel of Wolfsburg. The country can block important decisions such as personal data in the boardroom with the employees. This had similarly expressed on Friday: “If it were up to us, his contract will be extended beyond 2016,” said VW works council boss Bernd Osterloh. He also warned of a public debate.
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