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

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.


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...

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