On Air Now

Listen

Listen Live Now » 94.1 FM Jackson, Michigan

Weather

Current Conditions(Holt,MI 48842)

More Weather »
53° Feels Like: 53°
Wind: SE 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Mostly Cloudy 38°

Tomorrow

Cloudy 59°

Thurs Night

Rain 44°

Alerts

Volkswagen Piech rebuffs report he will quit as chairman: Spiegel

File picture shows Ferdinand Piech, chairman of the supervisory board of Volkswagen during a welcome ceremony at the plant of German carmake
File picture shows Ferdinand Piech, chairman of the supervisory board of Volkswagen during a welcome ceremony at the plant of German carmake

BERLIN (Reuters) - Volkswagen Chairman Ferdinand Piech brushed off a media report saying he would soon quit his post at Europe's largest automaker, Spiegel reported on Friday.

"Those who are written off live longer," the magazine quoted 76-year-old Piech as saying, adding he said he plans to take part in future Frankfurt auto shows as VW chairman.

Germany's Handelsblatt newspaper had earlier cited sources close to Piech as saying he was likely step down in the coming months because of poor health and wanted 66-year-old Chief Executive Martin Winterkorn to succeed him.

"The story is nonsense," Spiegel quoted VW works council chief Bernd Osterloh as saying.

(Reporting by Andreas Cremer; Editing by Maria Sheahan)

Comments