Connecting the dots: Volkswagen’s low cost car, the Great Wall affair, Piech’s ouster, and Nissan

Piech Winterkorn 2 Picture courtesy n-tv.de

Last weekend, Volkswagen CEO Martin Winterkorn told Bild am Sonntag that his company will finally build a budget car line, 2018, in China. A few days earlier, Ferdinand Piech’s older brother Ernst told Germany’s society magazine Die Bunte that Winterkorn is putting Piech’s lifetime achievement in jeopardy. Both are connected. [Continue Reading]