VW Crisis: Piëch takes its distance to Winterkorn – freenet.de

Crisis at Volkswagen: Piëch takes its distance to Winterkorn

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Ferdinand Piëch (77) is no friend of many words. What he says is sitting. And basically has to shake the stuff, the whole group to its foundations. This was so, in the role of CEO when he Volkswagen formed a global company and has as Chairman of the Board not changed. “I’m on distance Winterkorn “, Piëch of Spiegel Online quoted. Six simple words. A short sentence with enough explosive power to pulverize the entire future scenario of the VW Group.

Winterkorn contract expires at the end 2015

So far was 68 years old, “http://schema.org/Person” Winterkorn as the only serious coming into question a candidate to succeed Piëch when in the chair Supervisory releases. Only the time seemed open. Piëch had Winterkorn 1981 Audi brought and built it up over decades. The duo reportedly been used a trusting relationship and put together the course for the future of VW . Winterkorn contract expires at the end 2015 about a possible contract extension he had not yet clearly answered on demand.

Against this background gets another Piëch statement from the SPIEGEL enormous weight: “I strive to get the right person at the head of the Supervisory Board and the Management Board And these are not family members, that’s not my wife..” Ursula Piëch is currently member of the VW supervisory board. “More will not do,” Piech contradicts persistent rumors about the role of his wife. The magazine writes that the decision on the future VW CEO until 2017 fall, “just before my departure,” said Piëch. The candidates for this are already evident in the company. Management Board and Supervisory Board must be performed by technicians, which was set.

Strategic problems

The reasons for the open break between Patriarch and protégé are varied, but not immediately obvious. At first glance, it’s Volkswagen under the leadership of Martin Winterkorn namely gorgeous. VW chases from record to record. Sales, revenue and profit increase from year to year. The Group already sold more cars than General Motors (GM), shakes the throne of the world market leader Toyota. And yet had Ferdinand Piëch already to the question whether he saw the group on the right track, replied in March 2014. “Not really,”

There are primarily strategic issues that Winterkorn has not solved from the perspective Piëch for years: So the margins of the core brand VW cars are no longer enough already resistant to the values ​​of the competition approach. In the US, the second largest market in the world, loses VW market share. And then there’s the long-awaited “cheap car” with which the company wants to break into the young emerging and which can still awaited. For the technology fond Piëch an intolerable situation.

Works is still to Winterkorn

As much as the VW bodies now to wrestle version: New is not Piëch’s approach. Eight years ago he disposed of Winterkorn Pischetsrieder prematurely. He took advantage of the discontent of workers. The stand but so far yet to Winterkorn . VW works council boss Bernd Osterloh strengthened the CEO meantime the back: If it were up to the council, will Winterkorn extended contract beyond 2016, Osterloh said. “Questions have also not yet, because Dr. Piëch is Chairman and we appreciate the combination of two strong personalities at the helm.”

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Source: 2015 Engine Presse Stuttgart

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