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0Report: Wife of VW paterfamilias Piëch up for Audi supervisory board 1365681480
In a move seen as yet another way for the controlling Piech-Porsche family to leverage its muscle over the continent's biggest automaker, Ursula Piech – wife of chairman Ferdinand Piëch – is set to join the Audi supervisory board at the annual shareholder's meeting on May 16. ...
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Report: Chrysler and Fiat offering $1,000 rebates to VW owners as Marchionne gets tough 1355180520
The throw-down between Fiat CEO Sergio Marchionne and Volkswagen has heated up in earnest. According to Bloomberg, Fiat and Chrysler are now offering current Volkswagen owners in the US $1,000 rebates to trade in their ride. It's the latest in a series of shots Marchionne has taken at his German ...
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Report: Ferdinand Piëch regrets letting designer Schreyer leave for Kia 1352759700
Volkswagen Group Chairman Ferdinand Piëch has seen his fair share of executives leave the company's brands during his time at the helm, but according to Automotive News, he now openly regrets allowing Audi designer Peter Schreyer to go. During a rare interview – with an even rarer ...
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Sergio Marchionne calls VW execs 'reprehensible,' singles out Piech 1349092860
Fiat chairman Sergio Marchionne said Friday he will keep his title of President of the European Automotive Manufacturers Association [ACEA], a day after he excoriated Volkswagen executives for calling for his resignation and suggesting in public that Fiat would not survive the economic recession ...
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Report: CEO says Volkswagen's buying spree is over 1346709780
After adding Italian motorcycle icon Ducati to its stable and spending $5.6 billion on the rest of Porsche, Volkswagen CEO Martin Winterkorn says he's done shopping for a while. "We have enough to do at the moment in taking our twelve brands to where we want to be," Winterkorn tells German ...
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Report: Audi deal to buy Ducati valued at $1.1B 1334680380
Automotive News is reporting that Audi is set to lay down $1.1 billion to purchase Ducati from the motorcycle manufacturer's current owner, Investindustrial. The news comes courtesy of a source "familiar with the matter," though neither Audi nor Investindustrial have officially commented on ...
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Report: Piech says Alfa Romeo sales could increase fourfold under VW ownership 1299091260
Alfa Romeo builds some really good-looking rides, but that apparently hasn't translated into profits for Fiat. In a recent interview with Forbes, Fiat CEO Sergio Marchionne reportedly called the Italian brand a "money loser," and sales of the marque have consistently underwhelmed. But while Fiat ...
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Mulally tops Motor Trend Power List for 2011 1293472740
Motor Trend has compiled and released its annual Power List. This is the seventh year in which MT ranks the names of heaviest hitting personalities in the automotive industry. They're all ranked in order of just how much juice they hold, and sitting at the top of this year's list is Alan ...
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Report: Volkswagen eyeing Ferrari stake? 1289500140
If Volkswagen has taught us anything, it's that you can never be too rich or have too many high-dollar automakers under your umbrella. Europe's largest auto group already encompasses Lamborghini, Bugatti and Bentley, is in the process of absorbing Porsche, and makes a couple more six-figure ... -
Report: Ferdinand Piech finalizes will that protects his VW/Porsche shares from the kids 1285077660
Ferdinand Karl Piëch, head of the Volkswagen Supervisory Board and grandson of Ferdinand Porsche, knows that nothing lasts forever – especially, life. The VW boss man has his mind on his money while his family has his money on their minds. Piëch, born in 1937, has recently ...

