WendelinWiedeking


REPORT: Porsche reportedly offered Wiedeking nearly $200M payout

Wendelin Wiedeking sat at the helm of Porsche for 16 of the company's most successful years. Under Wiedeking's watch, Porsche blessed the world's roads with the Boxster, Cayman, Carrera GT, Cayenne and now the Panamera. According to Wiedeking's lawyers, he Porsche and Piech families thought that was enough to warrant a 140 million euros ($199 million) payment to get the successful leader to leave the company. Wiedeking was reportedly standing in the way of a deal between Porsche and Volkswagen, making his departure a something of a necessary ... Read more →

Officially Official: Porsche CEO and CFO quit, leave the building Jonathon Ramsey

It was really just 35 words that announced the ends of two careers at Porsche: "In the last weeks Wiedeking and Härter have come to the conclusion, that the further strategic development of ...

Porsche's Wiedeking tipped to get $140M golden parachute? Jonathon Ramsey

If the rumored deal for Volkswagen to consume Porsche is indeed accurate, then there are only two things left: the shouting, and the sound of Porsche CEO Wendelin Wiedeking departing his post in a ...

REPORT: Porsche denies word that CEO Wiedeking will hand over the keys amidst deal talk Jonathon Ramsey

This executive cycle isn't uncommon, especially in Germany: CEO displays great leadership over time, then decides to do something daring, then gets caught in a series of unfortunate events, then gets ...

REPORT: Daimler, Porsche dismiss talks of stake as "speculation" Jonathon Ramsey

Daimler's Dieter Zetsche has called 2009 a "Darwin year" for the car business, with the weak and the lame being pulled down by larger forces. Surprisingly, Porsche was one of those businesses that ...

Frayed Nerves: Is Porsche an automaker, or a hedge fund? 8 months ago on Autoblog

Some analysts are wondering if Porsche isn't running itself more like the Blackstone Group than as an automaker. The option trades it used last year to take control of Volkswagen netted the German automaker €6.8 billion. The business of selling cars netted Porsche just €1 billion over the ...

Porsche head predicts a hedge fund will swallow GM or Ford 11 months ago on Autoblog

Little guy Porsche is taking huge swings, and not just at the giant that is Volkswagen. Porsche head Wendelin Wiedeking had fierce Teutonic words for General Motors and Ford, and banks. His Rindfleisch – beef, that is – with U.S. automakers is that, through unsound practices, they have ...

VW won't get a seat on Porsche's board 2 years ago on Autoblog

There's no record of VW actually asking for one, but in case they wanted a seat on Porsche's management board, Porsche has said, "Uh, nein." That's the word from Porsche Automobil CFO Holger Härter, who forms half of the management board. The other half is Porsche CEO Wendelin Wiedeking. Nor ...

Porsche exec says "No" to baby Cayenne, again 2 years ago on Autoblog

According to our friends over at Motor Authority, Porsche exec Wendelin Wiedeking has officially denied the development of a cute 'ute designed to slot in below the Cayenne. This news is contrary to last month's report from Autobild that Porsche intended to share a platform with the upcoming Audi ...

Could Porsche force VW to unload Lamborghini and Bugatti? 2 years ago on Autoblog

Is Volkswagen about to shed some supercars from its stable? It could be the case, if statements by Porsche boss/VW supervisory board member, Wendelin Wiedeking, are taken seriously. When asked about the future Bugatti and Lamborghini within the Volkswagen Group, Wiedeking is quoted as saying "no ...






Autoblog Podcast #152: Paukert Enhanced!

Eddie Alterman wades in with Sam, Chris, Dan, and Jonny to talk about SEMA and other recent events.

 
 

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