Mike in Chi

Stopped the conversation, huh. That sure has the feeling that we nailed it.

"Ze Amerikans are not zo dumb, eh?"

Thanks Pete

Roland Kunz

Hello

Some more tidbits.

Piech didn´t only marry 4 women he also married his sister in law and has childreen from loose relations.

Piech loves to drive all cars and nicked off the Audi TT handeling like a 911.

Piech collects companys like others stamps. he has Bugatti, Bentley, Lamborgini crossing into the Porsche marked. Not to forget he also bought Cosworth engenieering ( but splitet as stupit as the Rolls Royce deal ).

These days the last Rolls rolls out in Crewe.

Bugatti is runed by a company named DAUER and they still make the EB 112 in conjunction with the Dauer 962.

Piechs brother Michael is a main head at Mercedes Benz.

Piechs are the owner off Porsche Salzburg AG. The companyhas the Porsche anuall turnaround per month and controls austria.


Yes Wendelin said once in a Interview that Detlev ( Schremp ) is a good friend to him.

Now in that buisines you can´t have friends you share same interessets or you are enemy.

Porsches brainwork is to importent for some companys so they will do everything to protect it.

The Piech follow up seem to be Mr Pietschesrieder. Familar name ? Jups former BMW head and he has together with Wofgang Reitzle something to clear up in ther history.
Von Kunheim did regret his moves in the same day and both drained some from the best people there.

BMW and Porsche have a strange relation and both played up ther muscles. That startet with Wiedking speaking against feeding up the Rover deal with EEC money and showed it can be done on own funds ( Leipzig but that is Piech money ). In fact every german payed 20$ staatemoney to BMW/Rover in the 90´s.

This money wasn´t investet in Rover and BMW doen´t have to pay it back.

On the other side Mercedes and Porsche have to pay taxes in germany. Guess witch company pays only 1/20 total amount to the other.

This is one reason the DC deal was done under german tax rules.

There are 2 books about Ferdinand and he sued both and tried to stop them.

One book did receive a reedit as Piech agreed to deliver "correct" informations to the puplisher.

Links will follow or check amazon.

BTW search the archives from 911 993 and 924.
I´m to lazy to repeat it again.

Grüsse

BTW just some pics:

FYEO


Made by Edvar van Daalen
http://www.red-headed.com/scoop

Adrian

Thius is fairly hot off the press. Those who receive Christophorus will already know.
PAG just donated some millions to the restoration of a church in Leipzig. Obviously this shows that Porsche can afford PR work for the community at large but not the racing community.
I do not believe the Carrera GT will be produced. Hope I am wrong but it is out of step with the public face of Porsche at the moment. Latest Christophorus does not mention the GT by the way. Good sign that it is out of favour. Too risky at the moment. There is a world wide downturn. Not the time for such luxuries. Not the time for an SUV.
Finally, I am quite sure that both Ferdinand Snr and Ferry Porsche would have been very happy with the SUV concept. I know Ferry Porsche was behind the project form the beginning.
Ciao,
Adrian

PS: Just a little fact. Name all the Porsch emodels you can think of. How many. Did you know that Porsche built 350 different prototype models. From the 356 to the 996 and including four door machines, family machines etc etc. Next time you are in Munich check out the Technology and Science museum. Look for the Aluminium autos and who built them. One looks just like a VW Golf but it was designed and built by Porsche.

Jim Sullivan

Roland.. you seem to have a handle on Ferdie Piech. A question - what was all of the posturing about recently by Piech and VW concerning new German tax laws. Piech suggested that he might have to spin off Audi because of this. I thought VW was pretty powerful these days.. they were posturing to bail BMW out of England for some ownership, and they seemed to outsmart them on the whole Rolls/Bentley debacle.

Roland Kunz

Gasoline in the genes

Despite numerous opponents Ferdinand Pieechs way was actually programmed to the VW
point. It blood related to the auto larva is nevertheless quasi in wolf castle.

Hamburg - The passion for designing engines and auto seems to be genetically conditioned
with Ferdinand Pieech. Its grandfather was muetterlicherseits nevertheless no different one than Ferdinand Porsche, the founder of the Stuttgart sports car sportwagenschmiede and mental father VOLKSWAGEN of the beetle.
Like that it was a little amazing that the 1937 born Pieech after its Abitur at the ETH in Zurich mechanical engineering studied and began after its termination as an attempt engineer with Porsche in Stuttgart. Over the stations as attempt and a development boss he became 1971 technical managing director in Zuffenhausen.

Its target to become chairman of the management with Porsche failed however because of resistances within the Porsche clan as well as because of the work council, which did not dubt its technical, probably however its guidance qualities. Thus Pieech landed after short time as a free engineer with the VW daughter AUDI, where he already drew 1975 into the executive committee.

Although there was violent criticism at Pieechs also with AUDI style of leadership, he replaced 1988 Wolfgang Habbel as an AUDI boss. Contrary to its predecessor it became
member of the VW executive committee however not at the same time.
When the gain of the Volkswagen company at the beginning of the nineties fused
dramatically, the hour struck Pieechs, which submitted economic situation good numbers
with AUDI despite lame that. In April 1992 he was selected to the successor by Carl Hahn at the VW point. On 1 January 1993 Pieech began officially its office. The Daniel Goeudevert favored up to then had a checking.
Pieech, the honour doctor of the University of Vienna is, provided also outside of the VW company for attention. The inspired sportsmen (Mountainbike, sails, ski) is to have twelve children of three different women. The controversy between the Porsche guidance and the founder family gave 1992 numerous negative headlines to the Japan fan Pieech start.

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V W Ungekroente of kings

Is considered as a most promising candidate to the Pieech follow-up: Ex-BMW-boss Bernd Pischetsrieder

Wolfsburg - Kronprinzen have it every now and then heavily: Some waits for many decades for its job as a king like the British prince Charles. Others again know the coronation/culmination date completely exactly, cannot against it however the succession be not safe. Bernd Pischetsrieder is such a case. Since his surprising appointment to the VW executive committee in the early summer 2000 the former BMW boss applies as a successor of the Wolfsburger of autoking Ferdinand Pieech.
And 16 April 2002 is also certain as official selection date of the successor to the throne.
But from covering to trust itself Pischetsrieder may not beforehand. Unmistakably Pieech warned, he does not want to become by early denomination of the successor the " lame duck ".

Pieech gives the financial frameworks

Actually Pieech has the foot with VOLKSWAGEN still fixed on the accelerotor pedal.
Development and introduction on the market of new models are long determined. Almost
exactly one year before the coronation/culmination general meeting gave the VW boss recently also still to the financial frameworks for the future: Options on buy-back of further ten per cent of own shares as well as a capital increase of 130 million euro are to approve the shareholders to it on 7 June in Hamburg. Thus the VW company would have altogether more than ten billion Marks acquisition currency.
But the country Lower Saxony with its check minority of 20 per cent would like to know
already soon, for which it was to apply than 500 million Marks for the capital increase from its scarce checkouts more. The assertions thus still Pieech, the successor supplies sits at the most also at the desk and could not only to Pischetsrieder with, but also Jens Neumann or even Martin Winterkorn are called.

The outsiders - Neumann and Winterkorn

The company strategist Neumann, 55, is nevertheless called in enterprise sets as an
outsider. Under its responsibility VOLKSWAGEN in the USA from the deep valley of the tears climbed too for many decades not known sales impacts. As a supervisory board chairman the lawyer attained a doctorate places additionally with the extremely successful Czech daughter Skoda the switches also. Winter grain, 53, has good cards as boss of research and development with " first engineer " Pieech.

That applies also to the learned mechanical engineer Pischetsrieder. However Seat must
strike itself with the Spanish daughter. There he has still so much to do that he is the next 15 years busy with it, meant the 53-Jaehrige, additionally in the VW company for the quality assurance responsibly is this function had he already 1985 with BMW.

Baroque Bavarian

The white-blue jewel polished Pischetsrieder eight years later than chairmen of the board
radiating beauty, had to go however to 1999 because of the deep scratch through the billion-disaster with Rover.
But the " baroque Bavarian " ("Augsburger general one") left to obviously lasting impression with Pieech, when he outdid the experienced automanager Pieech in the fight for Rollce Royce with ausgebuffter tactical Raffinesse.

To that extent the new Wolfsburger one fulfills raised Pieech demand on the successor in the " mirror ": " it should be better than I."

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Juergen Graesslin

Ferdinand Piech
Technician of power

Some know the Freiburger real school teacher Juergen Graesslin as the critical Greens and
speakers of the pazifistischen federation " German peace company - Combined war service opponent ", when a unerschrockenen Mahner, which anprangert NATO bombs in the Kosovo and German armament exports publicly. So it could surprise that evenly this Graesslin suddenly went under the bio graphs. But it drew not the life ways Albert Schweitzer or Mahatma Gandhi after, but described a working of Juergen E. Schrempp, Chefs of the auto and arms company Daimler Chrysler. Now a further book concerning Ferdinand Piech appeared. It tells the steep ascent of the automanager and grandchild Ferdinand Porsche of the technical operator with Porsche about the chief armchair with AUDI up to the chairman of the board at the Volkswagens AG.
In some places the author a little seems to be subject to the danger, which is too own even of the biographic method, i.e. a certain Affirmation and identification with the main person: " since its assumption of office in January 1993 the Viennese sales profits screws such as year's results into so far unequalled heights." (P. 376). With the philosophy of the "fast - More highly -" in the intensified globalisierten competition the bio graph continues to be involved quite readily the view of its Protagonisten in Graesslin does not conceal critical nevertheless, e.g. the **** past of the company, the substantial political interference of the selection Wolfsburgers against the ecologically meaningful design of a EU Altautoverordnung or the bare alibi function of the three-litre auto, which leads a shadow existence in the enormous product range of the VW company.
Besides the book is reader/interiorfriendly. But the breakdown of the text alone already
ensures into small, partial unterhaltsame anecdote Haeppchen, which make it possible to read also in the middle in it.

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"Luxury creates identity... Luxury meets the hearts of humans "

The strategy of the company head to put Volkswagens forward into the luxury segment is opened first just as little as its calculation concerning the noble label. "We cannot talk today about it, which we will make " hold ourselves Ferdinand Pieech 1998, before "I mean strategy on the desk put, let covered I rather into the corner shift, I a bad Deal would have made ourselves. You will experience the future piece for piece, model for model. "
The fact that Ferdinand Pieech more is sporty-dynamic than interested in Chauffeurs cars in puts the conclusion close that he gepokert around Bentley and not primarily over roll Royce.
Alone Bentley was not to be gotten. "We could never from the beginning have said, we
divide, because then we would not have nothing at all gotten, so simply are the life " describe Ferdinand Pieech its negotiation tactics. "Only one of the two partners was ready for dividing, and we wanted to determine, who which section kriegt. (...) possibly would have both the same piece of cake wanted. Thus gab’s only the possibility that the one occasionally owner is, so that he divides in such a way that he kriegt the correct piece of cake. One could not naturally say that for his part, because whole philosophy was created on indivisibility. " Which it wanted, it outlines accurately: "A living label, high-specialized humans in wood, leather and chrome processing, in a uniqueness on this world. And we got these four building blocks. " He buys the engine factories Cosworth, which are their fingers in formula the l-business to have and engines for Bentley and roll Royce prepare in England also, and which British racing specialist Toms GB.
Roll Royce is only the prelude of a label Shopping route de Luxe after the Pieech slogan "some likes dear Champagner, some dear Whiskey " Within a yearly the company head extends the luxury section by two further labels with not fewer mystischer aura — AUDI acquires Lamborghini, Volkswagen the rights at Bugatti. "Luxury creates identity " defines Ferdinand Pieech the meaning of the Top segment, "functioned as bridge to the society and does not justify finally quality of life (...) it comes nevertheless not from approximate that to luxury automobiles in the public and in the media world-wide attention assign becomes.
Luxury meets the hearts of humans (...). "

The purchases are transacted, now await the labels to the — profitablen — Stimulation and revival. Which course Ferdinand Pieech with Bentley — since 1919 the epitome of the Gentlemen's Sporting-Tourer— controls, show the first studies presented by Volkswagens.
Still one builds both, roll Royce and Bentley, but at the l. January 2003 the tradition enterprise is divided: VOLKSWAGEN keeps Bentley, BMW creates a new company Rolls Royce. But in view of the rapid change in the industry the last word is surely not yet spoken to roll Royce and to the relation Volkswagen BMW. Ferdinand Pieech sets first on the development potential of the label Bentley, which is to achieve also broader groups of buyers with a Mid Size Bentley. By more than the sixfold production with the raid is to be increased into the Bentley middle class. The Bentley Sportlichkeit is positioned as vehicle for the dynamic manager, as direct competition to the sporty BMW sedans and to Jaguar. With Lamborghini, which Youngster under the image-pregnant labels, the inheritance Ferrucio Lamborghinis begun, which entered the automobile stage 1963 with the ambition to build the world-best sports cars. A PS showing off know starting from the autumn 1999 with the fastest road sports car of the world, which "Lamborghini Diabolo GT " their renowning craze with a Strassenfeger from the house AUDI Lamborghini to follow. Its maximum speed amounts to 385 km/h. Style was the brand name of Ettore Bugatti. It created true masterpieces. Apart from too its time extremely expensive car, which cost more than roll a Royce and in those a handsorted society be chauffieren could, built technically look up-exciting racing cars and sporty auto for Bugatti. Bugattis became desired collecting tank objects and are old timers, with which point prices can be still obtained. A dead label to revive to want is not without risk, but all built Bugattis exist three-quarter still and animate the Flair of the renowned label. Besides Bugatti is a name, which sounds still equally good in three countries: in Italy, France and Germany. The Italian Bugatti, which operated also for the Cologne Deutz AG and in Paris, made itself independent in the year 1909 in the elsaessischen mol home. And, there surrounded by authentic Ambiente, also Ferdinand Pieech wants to build its million-objects. Volkswagen bought an area on the mol home area of the earlier Bugatti factories including the lock pc. Jean, in whom once the illustren novelties were presented. Each Bugatti becomes an absolute noble section, non-standard after customer's request angefertig. Price: between one half and a million Mark.

Succeed if structure, development and positioning of the new labels and models, Volkswagen with Bentley, Lamborghini and Bugatti has a good apparatus, in order to challenge Mercedes and BMW, Jaguar, Ferrari and Maserati. The criticism, a luxury image can be structured not by the additional purchase by labels, counters Ferdinand Pieech calmly: "One did not think also an AUDI A8 some time ago to us capable of In the meantime it is fully in the upper class established. AUDI overhauled in the market share in Germany and Europe BMW. "
It is considered as expressed unfein in the industry, but Ferdinand Pieech can be braked by usages to as few as by conventions: The competitors are given to all labels of the house — with the label Volkswagen it wants to begin against Mercedes, with AUDI against BMW, with Seat against Alfa Romeo and with Skoda against Volvo. And even Federal Chancellor Gerhard Schroeder does not let be taken it to ennoble the recent Volkswagen parade project in Dresden with his presence during the grundsteinlegung. In the 360-Millionen-Mark expensive "glaesernen manufaktur " — an idea Ferdinand Pieechs, the some in wolf castle secretly with heading vibrating acknowledged — that and written Volkswagen luxury sedan talked legendarily is to develop already now, with which the company head wants to drive against the Mercedes s-class. "In fewer than two years this auto will be, "heats Ferdinand Pieech the curiosity there on those about 150 000-Mark-Luxus-Limousisine at the beginning of on of 1999 if it is so far, can everyone with production watch: The glaeserne manufaktur is perfectly transparency; everyone can pursue the entire production happening and make itself a picture of it how the vehicles in precision manual work are joined.
It will not become easy to lift the VW image on luxury level. Already the term Volkswagen gets along badly with an auto expensive over 150,000 Marks. Also Seat and Skoda have still substantial image deficits. In Germany Seat is still rather an inexpensive VOLKSWAGEN as an alternative to Alfa Romeo, and also at Skoda further the hinderliche image sticks ostmarks. Marketing professor Peter Hamann, jury chairman German marketing of the price, is nevertheless optimistic: "The technical authority brought in by Ferdinand Pieech is undisputed (...) the objective is convertible. "Apart from the image problems there is above all two factors, which decide on the success of the Pieech way: to co-ordinate first of all the multi-label strategy with the model politics and secondly to provide with the instruments of the product development strategy for economy. Accompanied by Ferdinand Pieech ignited VOLKSWAGEN -, AUDI -, Seat and Skoda model fireworks, of model visions for the new luxury labels, consider the trend that customer's requests become ever non-standard particularly in the highly developed industrialized countries. This trend to the individuality entails an increasing market segmenting. Thus associate with the classical vehicles of the central and small car class of derivatives such as Minivans or Coupes. "Additionally " so Ferdinand Pieech, "win niche segments such as off Road vehicles, roadster or so-called, Fun Cars’ increasingly in meaning. "


"It was my target to lead once a larger company than my grandfather " orients itself Ferdinand Pieech at the beginning of its career at the Volkswagen model Ferdinand Porsche. This target achieves it 1988 with its appointment as the chairman of the board of the VW daughter AUDI. It is a position, which it in the subsequent years by outstanding management successes — in the financial year 1991 AUDI with well six per cent of yield on turnover achieves the best result of its enterprise history — to the career branch board after wolf castle develops. As "reon purchasing of the Ferdinand Pieech " its results are celebrated: "He was dead-said, and he was dead-written. But now is the AUDI boss again there. Above all one must be afraid it: Daniel Goeudevert, candidate on the VW throne. " This throne however is entitled, after own self understanding, only to one: the Porsche grandchild Ferdinand Pieech.
With VOLKSWAGEN began and of VOLKSWAGEN came, which the dynasty Porsche Pieech made, what it is. "One must know history " leads the youngest grandchild Wolfgang Porsche back to the origins. "Volkswagen is as it were the cradle, from that the entire topic Porsche only developed " it is a topic, whose takes care of the family after the war with owner-accessing its and sense of business. Volkswagen is "their " factory, because heard the Porsche kg the heart of the old Volkswagenwerk — one was its development department — and the soul — the product beetle. With VOLKSWAGEN Ferdinand Pieech is again on domestic terrain. There the nut/mother before the war drives signing in the open KdF car over the factory area; the father lives for many years in the KdF Stadc; there the grandfather has his famous "hut " for and with Volkswagens operates the much-praised Porsche team. "I would go so far " to arrange tie Ferdinand Pieech to this inheritance "that I think myself capable of, in the world automobile industry a team of a quality as it did my grandfather in the small for the beetle "
That the first generation structures an enterprise and second it retained, this rule applies to Porsche lmperium only conditionally: Ferdinand Porsche contributes the source with its late work, the Volkswagen construction, and the second generation brings her to gushing. The rights at the VW beetle as well as the special type of the business relation between the exempt private company "Porsche kg " in Stuttgart Zuffenhausen and the Volkswagenwerk open — to the family; after a first critical postwar phase — extremely profitable perspectives.
When the war is lost, the Porsche switches are already into the correct direction placed, because the crucial parts of the enterprise were brought in time into a Austrian society. And a artful wire rope ATS succeeds to the clan: The legal rope pulling concerning the legal relation between the old Porsche enterprise in Stuttgart and in Austria the again based prepares some problems, but it goes in favor of of Porsche from Summa summarum can one thus the majority of the possession over the war save: the houses — also the mansion Ferdinand Porsche at the Feuerbacher way in Stuttgart and the design engineering departments are not destroyed —, Fortune, patents and rights. 1948 are the way to a new business upswing — also legally — freely.
At the correct point in time above all Louise Pieech — has the sieved sense for the correct strategic switch positions; a talent, that regards its son Ferdinand as its inheritance. And like it it is very more silent, behind the window blinds more acting, more waiting for the favour of the hour and far into the future of planning tacticians and strategist. Not only regarding the business switch positions, but also regarding the security of the own person. With the Poker around the noble label of roll Ferdinand Pieechs Powerplay, its self-confident its and his successful Networking prove themselves Royce in particular: He brings the luxury label to all difficulties and all substantial criticism to the defiance under the Volkswagen roof. It is a billions-worth force ATS, which scolds in view of the destroying public only succeeds, because its network — a small verschworene community of influential way companions, everything in front the VW Aufsichtsratsvorsitzende Klaus Liesen and Gerhard Schroeder, 1998 as an Prime Minister of the representatives of the principal shareholder Lower Saxony — in time on the Pieech line to be sworn in and into the decision-making processes merged. The Volkswagen entrance into the luxury class succeeds.

Ferdinand Pieech summarizes since 1998 under the roof of the Volkswagen company, which the grandfather experiences in the thirties still as antipodes: the automobiles luxury world on page and its counter vision of the Volkswagen, the auto for everyone. The grandchild and inheritance Ferdinand Pieech Volkswagen with his multi-label and innovation strategy opens completely new future horizons. From the three litre Lupo to plans for a 18-Zylinder-Bugatti "the competition must get accustomed to it, " so the Volkswagen company boss to his label and model offensive "that we produce in each autoclass leading products. "
The end of the grandfather era with Volkswagens in the year 1945 and the new start of the family forced by the end of war experiences the eight-year old Ferdinand Pieech before the entry door with: One repairs auto and tinkers from old armed forces car new together. The plans, which one wants to implement at the location Gmuend, are more ambitious: the production of the first cars of the label Porsche. One takes for it which one has and — knows; VW sections. The development begins, even if the legal relation to Volkswagens could not be clarified up to then yet, at the beginning of of 1947 on the basis of the racing car Berlin Rome designed by Ferdinand Porsche. The result is the Porsche type 356. "When we "used power supply unit, so Ferry "Porsche, a Volkswagen engine of 1131 ccm, which was arranged before the rear axle, while the transmission behind the axle was flanged on. The front wheel suspension as well as steering element and brakes were likewise originalteile of the Volkswagen. The entire chassis with a wheel base of 2,150 mm, the four-cylinder engine of 35 HP with air cooling and the not-synchronized vierganggetriebe were all original volkswagen sections, which led by small modifications to a better road-hugging property and a higher performance. " Sections, which one could have used, is however extremely scarcely. But the company Porsche, also the Volkswagenwerk did not only survive: Resounding are to a large extent destroyed, but production continues without drastic deadlock. Since crew powers the factory not when classify ruestungsbetrieb, it is not also dismantled. The Englishmen let the rubble clear already very soon, and 6,000 men staff already builds again auto for end of 1945.

"I had to turn the tanker Volkswagen around 180 degrees "
If Ferdinand Pieech in the public occurs and expresses themselves, what occurs expressed rarely, is it highest attention safe; those of the media and the competition, because it can be taken it rarely to announce new best performances and ring in a further match round. "If someone makes it good in the world, then we try to make it twice as good " overwrite he its Volkswagen work in the first service year 1993. Still before the turn of the century it wants to exceed the productivity of the Japanese. The competition from the Far East needs twelve hours in the year 1993 for the building of an auto, while Volkswagen needs time with 38 hours still more than three times as much for a gulf. "We want to get along with fewer " are the Austrian challenge to the Japanese automobile industry and at the same time to the coworkers of the Volkswagen company, who register such markige words with astonishment. Ferdinand Pieech does not want the branch — it wants the quantum transition. And in an enterprise, as it could be in and more festgefahrener hardly. "Denials, camouflage, verpissen " are the mentality, which coins/shapes the Volkswagen enterprise culture in laehmender way. Volkswagens, therein are itself the workers' delegates with the capital page united, seem no longer adaptive. A Rosskur is inevitable. "I had ahead to turn the tanker Volkswagen full steam ahead on the luggage ice approaching, around 180 degrees " describe Ferdinand Pieech the Herkulesaufgabe, to which he places himself 1993. It knows supports itself on an unusual, but strong coalition: on the chairman of the Volkswagen supervisory board Dr. Klaus Liesen, the Prime Minister of Lower Saxony at that time and later Federal Chancellor Gerhard Schroeder and on the powerful Boss of the IG-Metall, Klaus Zwickel. "That is a ice-cold dog " describes an AUDI work council from Pieechs Ingolstaedter executive committee time co-operation with it, "but on its word was relying. "With Gerhard Schroeder has Ferdinand Pieech the most important Volkswagen shareholder, the country Lower Saxony, which still a 18,8-Prozent-Aktienpaket holds, on his page. Not only the autocrisis 1992/1993 made clear, why Gerhard Schroeder, which "proves "to automan, as energetic advocates of the interests of the automobile industry. As an employer as also regarding the creation of value Volkswagen Lower Saxony is largest and most important enterprise. However over 80,000 persons employed in the VW factories of Lower Saxony the wolf castle, Hanover, Braunschweig, Salzgitter and Emden constitute about 15 per cent of all industrial persons employed of the country. In addition still about 50,000 persons employed come in the supporting industry. If VOLKSWAGEN has a cold, has not only the city wolf castle, but the entire country Lower Saxony a serious flu. Gerhard Schroeder and Ferdinand Pieech does not however only connect the concern around workstations and the future of the locations Lower Saxony and Germany: They are used in the spirit — make-consciously, make-verse-eat, decided and ready to intersperse the requirement on guidance. Gerhard Schroeder shakes in its wild recent years not only at the lattice bars of the chancellorship ("I want there purely ", but does not relent not, until he is actually in it he is, not differently than Ferdinand Pieech, hard in the Austeilen, it learns to put in — to wait and for the chance for the next course and to the revenge. The scheme of reconstruction and restructuring — advanced by Ferdinand Pieech with hard hand; of the suppliers over the employment policy, the Labour Organization, the mentality up to production as well as to the model and label politics — has in Gerhard Schroeder cover by all crises and against all critics. The Niedersachse with urge to higher one is an important Pieech allying with the fight for the follow-up of Carl ****. It white that it requires a fighter such as Ferdinand Pieech, in order to break the verkrusteten structures open. And the man power bottom plate remains itself faithfully: As a Federal Chancellor Gerhard Schroeder becomes the first Volkswagen sign of the republic, because differently as its he drives predecessors at the beginning of than service cars not Mercedes, but the label AUDI. In the meantime also Daimler Chrysler is represented in the chancellor vehicle park. Gerhard Schroeder seizes also during the López affair publicly for Pieech and López a party.

"We experience the attempt of general of engine " follow it the company line "to cause to the VW company heavy damage. It concerns the international business and the displacement out of traditional markets. There is at all no cause to move away from the confidence in relation to the VW executive committee and Dr. López or modify in it something. "
With the acquisition of the Basque Ignacio López de Arriortua for Volkswagens Ferdinand Pieech general of engine meets to the Archillesferse, because López is not only a good man, he is a personal friend of the general engine Bosses. López, so the American Top journalist Paul A. Eisenstein, "was not any GMler. He was trusted friend and close friend of GM president John F. ‘Jack’ Smith. López spoke not rarely of Smith as ‚meinem Helden‘. "GM fights remaining in Detroit for López to ' and believes themselves victoriously — until the bomb bursts briefly before announcing the victory: "Only someone had pressed few minutes before the actual "beginning of the press conference, on which GM wants to announce proudly the victory "over Volkswagens, Smith a note of López into the hand. That was in the moment already far away on the flight to Germany - in a private jet chartered by Volkswagens. "
It is an issue, which leaves deep wounds of the disappointment rage and bitterkeit. López 'change to the López affair and escalated to the embittered battle between general engine/OPEL and Volkswagen. The reproach of the industrial espionage, accompanied of staatsanwaltlichen determinations, house searches and finally the initialization of one legal proceedings in the USA falls Ferdinand Pieech few months after the taking office into a crisis, which pulls it and the Volkswagenwerk into a threatening negative suction. In the USA the waves strike highly, and Volkswagen does not even terminate the financial year 1993 with more 50,000 sold vehicles in the USA. "If the fate " thus Paul A. Eisenstein, "should turn not to the better, they would have been forced to withdraw itself from the US market. " If one follows the estimate Ferdinand Pieechs, the enterprise with the US market would have lost everything at the same time, because "who loses the US market, the world loses. "
The cost killer López is a code figure in the fight for Ferdinand Pieechs of Volkswagen targets. It does not want to accept "that the Asians over-rounded us, and we drive now afterwards, and everyone is proud, if it approaches up to ten per cent. My requirement is — and therein also the sense relationship exists to Mr. López: One can strike the Japanese. "
The López affair meets the new chairman of the board at the beginning of the enormous circulation process and in a still to a large extent ungefestigten position of power. Its reactions to the reproaches are instinct iv typical and violent: It feels, externally as enterprise internal, from enemies encircles. López and it "have both naturally in our enterprise, where we changed a substantial part of our executive committee, at least sowenig friends as with the competition (...) I legend times, our competitors are only the point of the iceberg. " Ferdinand Pieech accesses to only it per-asked appearing means: It directs the attention to the Volkswagen-internal opposition and goes in the argument with general of engine as also with its domestic opponents on Crash course. Above all its martialisches vocabulary shocks and makes world-wide the round. Of a war against general of engine and OPEL he does not want to have spoken — "I quoted, keep Daniel T. Jones, an important coworker of the MIT study over "automobile production, he against the reproach, "the picture media unfortunately the quotes omitted myself. " — but Ferdinand Pieech gebaerdet itself like one, to which the war was explained and which assumes the declaration of war.

For the Pieech opponents the López affair offers ideal basic conditions for firing maneuvers and shots from the ambush. The fastening and Diffamierte seem public to be able to become the booty. "Even one times a half year in the office " is to be read as destroying balance, "it the new man created, the German automobile industry, still the most important industry of the Federal Republic to bring internationally in the gossip. " And generally climate of the suspecting, the distrust and the assumptions seems the opportunity favorably to make with presumptions against Pieech tendency: "For Mercedes shining engineer developed a revolutionary five-cylinder, an idea, from which late AUDI profited.

From its time with Porsche Pieech brought all-wheel drive and hot-dip galvanized body to AUDI. Does brother López have a forerunner in Pieech? "

http://translate.google.com/translat...3Doff%26sa%3DG

Well hope enough for the next days, will be offline longer.

Grüsse

Roland Kunz

Oh this could become a long thread.

Now VW is owend 20% by the staate Nidersachsen and this keeps the stock value low. Some months ago there was the rumor that Ford or a other company can outbuy VW as the stocks are not representing the real value. There is a group off stockholders organized who have votes ( or claim ) for over 20% from the total stock and try to force there interessts. They will have a higher shareholdervalue while Piech is more interesstet in having big and expensive plans.

The tax story is afik not a tax story alone. In germany the stock company right will change and some lets say "protection" will get lost. Maybe you remeber the Vodafone vs Mannesmann buyout.

The taxrules will also change to a more EC conform system. Right now the german tax system is to strange to explain but companys like DC or BMW pay very low taxes while the small companys who are not exporting pay much higher taxes. Well BMW also used the Rover deal to get subventions from the EC and that money went not into Rovers pocket plus on the other side is tax exempt.

( Wiedeking was ranting about it then BMW said they will stop delivering Porsche parts, Wiedeking answered they will stop any development for BMW. Now buisiness will go on as usual. Just remember BMW used the same move to get the Rolls Royce name from Piech.
Porsche has more Power over BMW then oppesite. BMW´s big problem is Milberg who is responsible for the Rover desaster and doesn´t think "normal" but became main head.)

Now in the next years the system has to be adoptet to world standards and the hughe companys say they will move there headquarters then or parts of the big plants to the east where the taxes are lower.

This is like moving from California to Nevada

Most companys are allready there, except Porsche who built a new plant in Leipzig.
And Porsche didn´t loan the money from the banks or the staate. They had some benefits but a normal car manufactorer would have moved farer east

Generaly autoindustry has to much capacity and the next years will be very interessting.

Grüsse

Jim Sullivan

Thanks for the explanation, Roland. The VW divesting of Audi item appeared in Autoweek about 2 months ago and I've been scratching my head ever since. What you've said makes perfect sense. Maybe, based upon this arbitrary low value, VW ADR's are a buy??

Also, I'm confused about the strained BMW/Porsche relationship you mentioned.. are you saying that BMW exports parts for Porsche or makes them for Porsche?

Roland Kunz

Hello

Piech will split Audi from Volkswagen and sale the stocks. This will also push Audi out of control from Niedersachsen as the staate will not have enough money to buy 20% of the shares again. But who knows ?

BTW Porsche was kicked out off the NEMAX today. The nemax index are the top 50 german stocks. Wiedeking didn´t liked to report in quartals as he doesn´t see any sense to report buisinesnumbers on actuall number and get ratet on that hype. Porsche will stay to annualy reports.

Grüsse