World News Insights
1-3 Minute Gist

All Topics Article

Volkswagen Faces Fight Over Future Leadership of the Company

Wall Street Journal Original article ›

Keywords:

LyrArc Article Gist
Under VW CEO Martin Winterkorn sales were up by 77% to 10.2 million units, revenues by 92% to 202 billion euros, and net profit tripled to 10.8 billion euros from 2007 to 2014. Winterkorn's contract ends in 2016.

Ferdinand Piech, Wolfgang Porsche, and the management at VW in 2015-2016

04/13/2015

The Porsche and Piech families control 5 seats on the 20 seat supervisory board of VW. Labor and the state of Saxony also have representation on the board. Under CEO Winterkorn, who was brought in by Ferdinand Piech when he headed Audi, VW sales have nearly doubled and profit margins improved. In 2015 the Porsche family, labor and the state of Saxony support Winterkorn continuing through 2016. Piech is looking at making changes.

Grouped Articles

Volkswagen Faces Fight Over Future Leadership of the Company

Wall Street Journal 04/13/2015

Volkswagen’s Chairman, Ferdinand Piëch, Is Ousted in Power Struggle

New York Times 04/25/2015

Volkswagen’s Overhaul May Not Upgrade Profit Engine

Wall Street Journal 04/29/2015

As Boardroom Struggle Ends, Volkswagen Looks to the Future

New York Times 04/26/2015

Why Investors Are Right to Steer Away From Volkswagen

Wall Street Journal 09/21/2015

Volkswagen Stock Falls as Automaker Tries to Contain Fallout

New York Times 09/21/2015

VW management

04/19/2006

Grouped Articles

VW's $1 Billion Bet on U.S. Factory Sputters

Wall Street Journal 09/06/2013

Volkswagen Replaces U.S. Chief

Wall Street Journal 12/13/2013

Volkswagen Aims at Fast Lane in U.S.

Wall Street Journal 10/05/2010

VW Labor Rep Blasts Car Maker's U.S. Strategy

Wall Street Journal 01/23/2014

VW Bolsters Focus on China

Wall Street Journal 06/04/2012

Volkswagen to Invest $107.3 Billion Over Next 5 Years

Wall Street Journal 11/22/2014

VW performance

10/28/2006

Grouped Articles

Japanese Car Makers Lose Their Midsize Edge

Wall Street Journal 05/07/2013

VW's $1 Billion Bet on U.S. Factory Sputters

Wall Street Journal 09/06/2013

Volkswagen Aims at Fast Lane in U.S.

Wall Street Journal 10/05/2010

VW Labor Rep Blasts Car Maker's U.S. Strategy

Wall Street Journal 01/23/2014

Weak European Auto Market in 2013 Sapped Volkswagen Earnings

New York Times 03/13/2014

VW's Global Sales Rise on Recovery in European Market

Wall Street Journal 04/09/2014

VW CEO Martin Winterkorn 2007-2016- a period of rapid global growth for VW

04/13/2015

Grouped Articles

Volkswagen Faces Fight Over Future Leadership of the Company

Wall Street Journal 04/13/2015

As Boardroom Struggle Ends, Volkswagen Looks to the Future

New York Times 04/26/2015

Volkswagen Scandal Pressures CEO

Wall Street Journal 09/23/2015

Volkswagen’s Chief in the Vortex of the Storm

New York Times 09/22/2015

Volkswagen C.E.O. Martin Winterkorn Resigns Amid Emissions Scandal

New York Times 09/23/2015

Volkswagen Ex-CEO Martin Winterkorn Indicted in Emissions Probe

WSJ 05/03/2018


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us