-
Today, VW Chairman Ferdinand Piech is Porsche's grandson and a member of the two families that control Porsche. VW and Porsche have cooperated on many vehicles through the years, including today's Porsche Cayenne.
That job belongs to Wendelin Wiedeking, however, a businessman who saved Porsche from financial ruin. Firmly supported by Piech's cousin, Wolfgang Porsche, Wiedeking made the Porsche and Piech families billions of dollars and led Porsche's acquisition of 51 percent of the VW Group.
That's because the German state of Lower Saxony, where VW is based and employs thousands, owns 20.1 per cent of the company. A special law gives Lower Saxony veto power over VW decisions. Wiedeking vowed Porsche would make VW more competitive and ended silly vanity projects like the Phaeton luxury s...
-
... near Weimar, and Bergen-Belsen in Lower Saxony.) Or the broom factory of Otto Weidt, who e...
-
..., or the Lands of North-Westphalia and Lower-Saxony, are their mutual countries. Lower-Saxony's...
-
... in the states of North Rhine-Westphalia and Lower Saxony, were devastated by the news. Rainer Prokop...
-
... stakes in some firms -- a German state, Lower Saxony, owns 20 per cent of VW, for instance, and ...
-
... risks and potential liabilities, you can lower your borrowing and insurance costs; and . * if you... the City of Hannover in the State of Lower Saxony, Germany, the host of the World's Fair for 2000.Th...
-
Sudbury Special Report - Brief Article
... mission from Germany, this time from the Lower Saxony region, to further advance Sudbury's agenda...
-
... in three German states--Hamburg, Hesse, and Lower Saxony--where it was elected to parliament for the...