Reports by German newspaper Handelsblatt claimed that sources close to Volkswagen's chairman and former CEO Ferdinand Piëch have said that the 76-year-old chairman will step down amidst health problems, but VW is denying the reports, according to Reuters.

A VW spokeswoman said, "Dr. Piëch is in the best of health and will remain supervisory board chairman of Volkswagen for a long time."

Handelsblatt also wrote that Piëch wanted CEO Martin Winterkorn to take over as chairman, and that finance chief Hans Dieter Poetsch also might be considered for the position.

Whether there is truth to the Handelsblatt report or if it's all speculation; right now VW is more concerned about the Frankfurt Motor Show that starts next week. It is possible that we'll find out more about the chairman's status when the supervisory board meets at the end of the month.


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 8 Comments
      RGT881
      • 1 Year Ago
      This picture makes Piech look like someone who would say something along the lines of, "...a new world, a better world, a German world!"
      Scooter
      • 1 Year Ago
      He should be fired for terrible styling direction VW has taken recently.
      • 1 Year Ago
      [blocked]
      • 1 Year Ago
      [blocked]
      Merc1
      • 1 Year Ago
      His health would be the only reason he would step down. M
      mdcwave
      • 1 Year Ago
      Hell no he won't go!