Newsletters

Piech's grip on VW weakened by row with CEO

Piech, pictured, threatened to quit at an emergency meeting, Reuters reported.
April 19, 2015 05:00 AM

BERLIN (Reuters) -- Volkswagen Chairman Ferdinand Piech's iron grip on the automaker has been severely weakened following a dramatic confrontation with senior board members last week that nearly resulted in a push to oust him, sources told Reuters.

Staying current is easy with newsletters delivered straight to your inbox.