The Latest Breaking News from Ferdinand Piëch

The Volkswagen Phaeton is a car you could never make again. It's a product of a very specific time and place, and the vision of the late Ferdinand Piëch, grandson of Ferdinand Porsche, then chairman of VW, and a man with a flare for complicated engineering. This was a Volkswagen…

A legend of the automotive industry, even six years after his death: Ferdinand Karl Piëch, born in Vienna on April 17, 1937, was fascinated by technology from an early age—a passion that would define his entire life. He studied mechanical engineering in Zurich and began his career at Porsche, where…

Long before Dieselgate, draconian emissions regulations, and aggressive cost-cutting, Volkswagen had an era of impressive engineering. During the ruthless leadership of Ferdinand Piëch, there were no limits to what the engineers could cram under the hood. The VW Group experimented with everything, including W-8 and W-12 sedans as well as…

In late October 2024, Volkswagen’s works council announced that the group’s management was considering closing three factories in Germany, which would lead to the loss of tens of thousands of jobs, as well as a general reduction in salaries. On October 30, the group announced a 63.7% fall in third-quarter net profit.…