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Volkswagen’s Chief in the Vortex of the Storm
Keywords:
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 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
How the VW software to circumvent emissions tests worked according to the EPA
09/22/2015
The EPA says the way the software functioned was that it could detect when the car was connected to emissions meters, once detected that it was being inspected the car would turn on its pollution control equipment. Once back on the road the car would turn off the pollution control equipment to restore pep and power to the diesel cars, and emit some 35 times the level set by the EPA. This covers Jetta, Passat, Audi 3, Beetle and other models and was installed on 11 million vehicles according to VW. As diesel cars are mostly sold in Europe most of these cars are in Europe. In Europe surprisingly reports say the emissions limits are more relaxed and met by VW diesel cars. Winterkorn, CEO of VW since 2007, the software was installed in 2009 diesel cars. As CEO Winterkorn continued to head the R&D department of VW, and reports show he was meticulous about the cars engineering.
Grouped Articles
Volkswagen’s Diesel Fraud Makes Critic of Secret Code a Prophet
New York Times 09/22/2015
Volkswagen’s Chief in the Vortex of the Storm
New York Times 09/22/2015
VW CEO Martin Winterkorn and the emissions testing investigation by the EPA in 2015-2016
09/22/2015
By 2007 Winterkorn was head of research and development at VW. He is known to be meticulous about the cars VW shipped, subjecting them to rigorous inspection. The software placed in VW vehicles that reduces the emissions for testing even as the vehicles continue to release much higher level of pollutants into the air, was installed between 2009 and 2015, according to the reports.
Grouped Articles
Washington Post 09/22/2015
Volkswagen Scandal Pressures CEO
Wall Street Journal 09/23/2015
Volkswagen Says 11 Million Cars Worldwide Are Affected in Diesel Deception
New York Times 09/22/2015
Volkswagen’s Chief in the Vortex of the Storm
New York Times 09/22/2015
Volkswagen CEO Resigns as Car Maker Races to Stem Emissions Scandal
Wall Street Journal 09/24/2015
Volkswagen C.E.O. Martin Winterkorn Resigns Amid Emissions Scandal
New York Times 09/23/2015
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