VW’s Pischetsrieder falls on sword
Newswheel staff :: 08 November 2006 :: Filed under Volkswagen, Europe & UK
Or was Burnt Fishtrousers taken out by Piech?
VW’s head honcho and former BMW bod Bernd Pischetsrieder has been given the chop. Despite Pischetsrieder’s contract being renewed as recently as May this year (in a deal which supposedly secured his tenure through to 2012), the bearded one will be defenestrated on December 31st. And his successor? None other than Audi supremo Martin Winterkorn…

Porsche/VW patriarch (left) and Fish Flannels (right) in happier times. Is Piech behind Pischetsrieder’s demise?
According to Bloomberg news wire, both VW and Audi are currently declining to comment. No explanation has been provided for the move. However, VW patriarch, current chairman and former CEO Ferdinand Piech is on the record as a Pischetsrieder doubter. We’ll update with more details as the story unfolds.
Linkage:
Bloomberg


Posted 13 November 2006, by Andrzej Bania
But could it be double edged - that is the question