2 Articles
Wolfgang Bernhard could leave VW if commitment doesn't come by Friday

Looks like Wolfgang Bernhard may have taken the appointment of Martin Winterkorn as future Volkswagen AG CEO personally. Reports are swirling that Bernhard is likely to step down soon. Newspapers are reporting today that VW has asked for a commitment from Bernhard by Friday. German business newspaper Handelsblatt said Bernhard had threatened as early as May to resign if Winterkorn became CEO.

Volkswagen board extends Pischetsrieder's contract

Bernd Pischetsrieder can go home and breathe a huge sigh of relief -- his contract was unanimously renewed by Volkswagen