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Porsche family ready to bring in younger generation

Ferdinand Piech, left, with clan chief Wolfgang Porsche. Their feud opens the door to power for younger family members. (Reuters)
April 01, 2017 05:00 AM

STUTTGART -- Ferdinand Piech's seat on the board of the holding company of Volkswagen Group's majority shareholder could be taken by his nephew, Josef Ahorner. The move would be a step toward the younger generation of the Porsche-Piech clan moving into key roles.

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