You are here

Porsche clan said to consider Piech's exit after VW allegations

Wednesday, March 15, 2017 - 05:50

BT_20170315_SYPORSCHE15_2791210.jpg
The clan has been discussing that Mr Piech (above) and his cousin Hans-Peter Porsche could make way for younger family members at Porsche's annual shareholders meeting on May 30, say sources.

Frankfurt

FERDINAND Piech, the long-time strong man of the billionaire clan behind Volkswagen AG, is under pressure to give up his last links to the German carmaker, a move that could mark the inglorious end to a storied career.

Members of the Porsche and Piech families are in

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom