Volkswagen Leaders Discuss How to Come Back From Crisis
Full speed ahead. The two most influential VW Group board members, Wolfgang Porsche and Hans Michel Piëch, usually stay out of the public eye. But the scions, whose families have clashed over the years, say they are working harmoniously to resuscitate the German automotive giant after it admitted falsifying emissions tests. In a controversial move, they’ve promoted a new CEO from within and are trying to rebuild the brand while treating the legal fallout from Dieselgate as a separate matter. Cost-cutting — meaning job losses — is on the horizon.