Statements from the boards of directors of automakers are generally dry, dispassionate, and formal. So the language of a terse item issued yesterday by the board of Volkswagen Group was remarkable in its directness. Not to mention its inferences about the company's former CEO Ferdinand Piech, who remains a powerful and major shareholder. DON'T... VW Board vs ex-CEO Piech: rancor erupts over diesel cheating lies
Statements from the boards of directors of automakers are generally dry, dispassionate, and formal. So the language of a terse item issued yesterday by the board of Volkswagen Group was remarkable in its directness. Not to mention its inferences about the company's former CEO Ferdinand Piech, who remains a powerful and major shareholder. DON'T...
When it launched its Phaeton luxury sedan back in 2002, Volkswagen decided that its most opulent car ever should have an equally opulent assembly plant. So it built the "Transparent Factory," a glass-walled plant in Dresden, Germany, that was intended solely to handle Phaeton production. The Phaeton was a vanity project of VW Group's...