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Tag Archives: martin winterkorn
Contract for Martin Winterkorn, Chairman of the Board at Volkswagen, to be Extended Once Again
The Executive Committee of the Supervisory Board of Volkswagen AG unanimously agreed to a resolution for submission to the Supervisory Board at its meeting on September 25, 2015 under which a new contract as Chairman of the Board of Management of Volkswagen AG for a term until December 31, 2018 should be concluded with Martin Winterkorn. Continue reading
Posted in people
Tagged autoinformed, autoinformed.com, Ken Zino, martin winterkorn, Volkswagen AG
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Air Raid – VW Names Herbert Diess from BMW as Chairman
Diess is currently the Member of the Board of Management of BMW AG responsible for Development. There is no love lost between the two companies, particularly over the competing BMW and at VW, the Audi and Porsche brands. Continue reading
Posted in auto news, people
Tagged autoinformed, autoinformed.com, Herbert Diess, Ken Zino, martin winterkorn
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Volkswagen Group Posts Record 2011 Results – €11.3 billion
Consolidated operating profit rose to a record €11.3 billion, an improvement of €4.1 billion compared with 2010. This profit does not include the Group’s €2.6 billion (€1.9 billion) share of the operating profit of its communist-government-required Chinese joint ventures. These companies are accounted for in the financial result, which rose by €5.8 billion to €7.7 billion last year. Operating margin improved from 5.6% to 7.1%. Continue reading
Posted in auto news, financial results, results
Tagged auto informed, autoinformed.com, automotive news, Ken Zino, martin winterkorn, results, vw, vw group
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Volkswagen Board Extends Contract of CEO Martin Winterkorn
The Supervisory Board of Volkswagen AG unanimously extended the contract of Management Board Chairman Prof. Dr. Martin Winterkorn for another five years until the end of 2016, the VW said yesterday in a statement. Continue reading
Posted in auto news, people
Tagged auto informed, auto news, autoinformed.com, automotive news, Ken Zino, martin winterkorn, porsche, toyota, vw, vw expansion, vw versus toyota, wendelin wiedeking, zino
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Death of the Diesel: Volkswagen Board Crisis as Three Chairman Indicted in Germany for Stock Market Manipulation
As a result, the Supervisory Board of Volkswagen AG hastily convened a meeting, claiming that it was unaware that the indictments were coming since it was allegedly cooperating in the investigation by the public prosecutor. It will also meet again tomorrow to discuss what is company threatening development. Continue reading →