Wednesday, 18th May 2022
<To guardian.ng
Search

VW’s Ferdinand Piech dies at age 82

By Bloomberg
27 August 2019   |   12:55 pm
The man who built Volkswagen into the world’s largest carmaker has died at age 82. Ferdinand Piech became CEO of struggling VW in the 1990s and he successfully returned the automaker to profit and laid the groundwork for its dominance in the sector with his acquisition of Porche. Bloomberg’s Chris Bryant discusses his legacy on “Bloomberg Markets: European Open.” Bryant is a Bloomberg Opinion columnist. The opinions expressed are his own.

Related

15 Jul 2019
Herbert Diess, Volkswagen AG chief executive officer, and Jim Hackett, Ford Motor Co. chief executive officer, discuss the automakers' agreement to extend their partnership in electric and self-driving car technology. They speak with Bloomberg's David Westin on "Bloomberg Markets."
25 Aug 2019
The iconic car rolled off the assembly line in July 2019 after more than two decades since its relaunch. There are only 65 'Final Edition' Beetles available, and they can only be bought in Mexico.
27 Aug 2019
The man who built Volkswagen into the world’s largest carmaker has died at age 82. Ferdinand Piech became CEO of struggling VW in the 1990s and he successfully returned the automaker to profit and laid the groundwork for its dominance in the sector with his acquisition of Porche. Bloomberg’s Chris Bryant discusses his legacy on “Bloomberg Markets: European Open.” Bryant is a Bloomberg Opinion columnist. The opinions expressed are his own.
2 Sep 2019
The German multinational company are due to be pay $96.5 million (€87.6 million) for the error. VW admitted in 2015 that up to 11 million cars had been fitted with software designed to deceive emissions testers.
1 Oct 2019
What has the 'dieselgate' scandal cost Volkswagen?
18 Nov 2019
The German car giant said it will invest even more money than previously planned into expanding its electric fleet. Over the next decade, VW plans to roll out 75 completely electric models and 60 hybrid vehicles.
30 Nov 2019
VW is under pressure for working with the Chinese government in Xinjiang after evidence of human rights abuses against Uighurs in the region. Meanwhile, the German and US governments urged China to uphold human rights.
31 Jul 2020
Nearly 50 hours of secretly recorded conversations appear to show Volkswagen engaging in legally dubious behavior in a dispute with a supplier. Now the carmaker is investigating who released them to the media.
1 Aug 2020
Germany's top court has ruled that people who bought a VW car after the Dieselgate scandal erupted in 2015 are not entitled to compensation. It's the latest in a string of key cases linked to the emissions controversy.
9 Sep 2020
The German automobile maker has expressed grave concerns over the use of Nazi imagery by a Mexican distributor. Volkswagen said it "strongly" disapproved of showing such images at affiliated facilities.
27 Mar 2021
The auto group says past executives breached their "duty of care." Both ex-Volkswagen and Audi CEOs, Martin Winterkorn and Rupert Stadler, have rejected the accusations.
28 Jun 2021
The German automobile giant has now set a timeline for its exit from combustion engine cars. The changes will affect Europe first, with the US and China to follow "a little later."