The former head of the Volkswagen concern Ferdinand Pieh has diedAugust 27, 2019
Former Volkswagen executive Ferdinand Piech died on the night of August 26 at the age of 82. He became ill during a dinner with his family in the German city of Rozeheim – the doctors who arrived on a call brought Piech to the hospital, but he could not be saved. The causes of the incident are still unknown.
Ferdinand Piech, son of Louise Porsche, daughter of the famous Ferdinand Porsche, began his career in 1963 at Porsche, where he was responsible for creating racing cars. Later, he worked with Daimler on a five-cylinder engine, was an outstanding Audi engineer, and took a leading position at Volkswagen in 1993, when the company was going through hard times.
Among the most significant works of Piech is one of the most successful racing cars in the history of the Porsche 917, Audi 80 and 100, the quattro all-wheel drive system.
Under his leadership, Volkswagen has gone from bankruptcy to one of the leaders in the global auto industry. In particular, it was Piech who initiated the purchase of the brands Lamborghini, Bentley and Bugatti. In 1999, he became a member of the Detroit Automobile Hall of Fame.
Since 2002, Piech became the head of the Volkswagen Supervisory Board and had a tremendous impact on the company’s internal processes. This continued until 2015: shortly before the diesel scandal, Piech resigned and left Volkswagen as a result of a conflict with the former head of the concern Martin Winterkorn.
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