Bernd Pischetsrieder
PER
Bernd Pischetsrieder Pischetsrieder
Now, Volkswagen's chief executive, Bernd Pischetsrieder, is mounting a vigorous defense of his company's practices.  Mr. Pischetsrieder explained in an interview how a U.S. business was run versus a German business is completely different. He also added that the idea that Porsche could, or would, prevent us from doing something that they thought was the right thing to do, was simply not on. He has been meeting with investors in Britain and the United States in the aftermath of Porsche's investment and a subsequent boardroom battle at Volkswagen to try to reassure them that the company is being run properly. Mr. Pischetsrieder said he welcomed the election of the two Porsche executives, Wendelin Wiedeking and Holger P. Härter, because they know the car business, and could offer a seasoned perspective. Volkswagen's chief executive, Bernd Pischetsrieder, is mounting a vigorous defense of his company's practices. Mr. Pischetsrieder reiterates that there is no conflict between Porsche and Volkswagen. He does not think that Porsche could, or would, prevent them from doing something that they think is the right thing to do. He has been meeting with investors in Britain and the United States in the aftermath of Porsche's investment and a subsequent boardroom battle at Volkswagen to try to reassure them that the company is being run properly. Mr. Pischetsrieder said he welcomed the election of the two Porsche executives, Wendelin Wiedeking and Holger P. Härter, because they know the car business, and could offer a seasoned perspective. Mr. Pischetsrieder is making the best of the situation: he noted that the new labor chief is a one-time union official.