Winterkorn Threatens Resignation Over Porsche Interference

Dr. Martin Winterkorn (right) is reported to have threatened his own resignation as chief executive of the Volkswagen Group if Porsche AG interferes in group operations says Forbes.com. Porsche, now owning 31 percent of the VW Group, is moving to own more than 50 percent by year's end and brands like Audi that compete directly with the brand are in jeopardy of a change in direction mandated by the new owners says the report.
Good background on the subject can be found in this month's Porsche-focused Car Magazine from the UK and on sale now in most US news stands. In the mag, Car has published an interview with Porsche boss and Piech cousing Dr. Wolfgang Porsche. Seeing the Porsche leader's position, not always in line with Piech who's been leading the VW Group for years, is interesting to say the least. Amongst his statements, Porsche suggests that all projects must be profitable (take note Bugatti) and that directly competitive cars like the R8 must be examined. The interview is a must-read if you're looking to be informed on the nuances of the Porsche family and how family affairs will shape any future Volkswagen Group as owned by Porsche.