VW Board vs ex-CEO Piech: rancor erupts over diesel cheating lies

Ferdinand Piech, chairman and CEO of Volkswagen Group, at 2000 Paris Motor Show

Statements from the boards of directors of automakers are generally dry, dispassionate, and formal. So the language of a terse item issued yesterday by the board of Volkswagen Group was remarkable in its directness. Not to mention its inferences about the company’s former CEO Ferdinand Piech, who remains a powerful and major shareholder. DON’T… …read more