Auf Wiedersehen, Herr Wiedeking: Porsche CEO Steps Down
The wonderfully inbred VW–Porsche saga continues. After all-night negotiations, Wendelin Wiedeking has left Porsche.
Porsche Boss Finds Baby Monitor In Room, Freaks Out About Corporate Spying
Wendelin Wiedeking has got a lot on his plate right now. The CEO of Porsche has got a line of cars selling like hotcakes, a new super sedan around the corner, and is trying to expand their stake in Volkswagen on the side. So when an operating baby monitor was found in his hotel room ahead of his attendance at a…
O Canada! Snappy Dispatch On VW-Porsche Marriage From Our Neighbor To The North
Here's nice piece of car-business analysis, from north of the border. Volkswagen wants to take another crack at the North American market, and according to biz writer Eric Reguly of The Globe and Mail, VW might be able to pull it off, despite some major hurdles. However, when it comes to the larger goal of knocking…
Porsche to Volkswagen: We Will Not Break You!
The headline's dialog snip contains an awkward metaphor to be sure. Porsche's HQ is a few clicks to the West of Ivan Drago's crimson homeland, and Volkswagen logically has more in common with a Philadelphia cheesesteak than with Rocky Balboa. But the sentiment is there: Porsche's going out of its way to assure VW…
EU Court Set to Allow Porsche Purchase of VW
It sounds like a Porsche takeover — err — they're German automakers, so maybe that should read "merger of equals" — of VW looks to become an almost certain thing as we're hearing the European Court of Justice in Luxembourg is expected today to strike down the so-called Volkswagen Law, a statute devised by the German…
Autoextremist Not Hot For Wiedeking
Sweet Peet fires a few shots across Wendelin's bow in this week's tirade, calling the Cayenne an abject failure and current Porsche management a bunch of bumbling bureaucrats who've essentially pissed away Porsche's legacy. We're not so sure about that. Cayenne sales certainly have reached the saturation point;…
Spoil Sport: Porsche Boss Could Take Away VW's "Toys"
Porsche CEO Wendelin "Wunderkind" Wiedeking says the company has no plans to port Porsche's very precise management style and Bruce ber Alles ethos to Volkswagen, despite an increasing ownership stake. Wiedeking told Automobile News that he wouldn't seek greater control than a spot on the supervisory board. He also…
It's Expected, He's Gone: Bernhard No Longer to Represent Vee Dub
Shock of shocks! After being passed over for the HMIC/Lord of All He Surveys at Volkswagen in favor of Herr Doktor Martin "Your vife, my vife" Winterkorn, it looks more and more like Wolfgang Bernhard will be bailing on the boys from Wolfsburg, making him a prime candidate to replace Tom LaSorda at Chrysler. However,…
Porsche Shoots for All the Marbles: Considers Suing German Government for Control of VW
Mess not with Wendelin the Lionhearted, ye Saxon dogs! Lest ye be dispatched with a slash of Porsche general counsel's mighty broadpen. Argh! What are we on about? It seems the large and in charge leader of the Porsche dream team, Mr. Wiedeking, wants the corporate control that should go along with owning a…
Autoextremist's Christmas Advice
Sweet Peet D. dresses up as a happy little elf and dispenses seasonal treats to the auto industry's brands and CEOs, flinging potshots and coming up with vanity plate options. Our favorite is his dis of Porsche main man Wendelin Dubya: "For his stocking, Wiedeking gets a bag of Kingsford briquettes and a V-6 Cayenne…
