VW Chairman’s Future Looks Bleak
December 9th, 2005 by admin
Will he lose his seat?
The Chairman of the Volkswagon group, Bernd Pischetsrieder, may be in danger of losing his job.
European sales are higher, and a restructured VW Group has gained 0.8 percentage point of market share, the largest increase of all manufacturers in Europe this year. In addition, profits are up and VW has made progress working with its German labor unions.
But with four months to go until his contract comes up for renegotiation, Pischetsrieder is plagued by other problems.
Despite the fact that Volkswagon’s future looks brighter as of late, it may be too far gone to save the Chairman’s job.
See Also
- As 2005 ends, Volkswagen Group Chairman faces new perils in coming year
Automotive News Europe
Posted on Friday, December 9th, 2005 at 8:40 pm
In Auto Warranty