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Ferdinand K. , briefly: Ferdinand (* 17 April 1937 in Vienna) is a chairman of the supervisory board Volkswagen AG.

Overview

is a grandchild of Ferdinand Porsche, whose daughter Louise married the Viennese lawyer Anton After the study of mechanical engineering at the ETH Zurich, in its thesis (diploma) he concerned with the development of a Formel-1-Motors, began themselves 1963 its career with its uncle Ferry Porsche in Stuttgart Zuffenhausen. 1972 went appointing as the Volkswagen daughter AUDI after Ingolstadt, 1975 it into the executive committee and were promoted 1983 to the deputy chairman. 1988 became Ferdinand boss of AUDI, where it was relevant Gestalter of the mark picture. Crucial innovations were among other things a permanent all-wheel drive ("Quattro") and the TDI engine.

On 1 January 1993 Ferdinand of chairman of the board Volkswagen AG in wolf castle became and got to Jose Ignacio Lopez de Arriortua von General of engine to VOLKSWAGEN, with whose reduction of costs program very loading for the ancillary industries the company was financially reorganized at short notice, however substantial problems in quality in-acted. turned out then however under the suspicion of the industrial espionage and left 1996 Volkswagen.

When further achievements are in the Volkswagen company that, while its time as a Volkswagen chairman of the board however again strongly related, structure of AUDI as Premium mark, the structure of the daughter Seat, as well as the transformation "kodas to one which can be taken autofarmer seriously.

To state are also the developments of the Dreiliter Lupo and a road-suited a litre car. Also the purchase of the luxury brands Bentley and Bugatti fall under its auspice. Until 2002 Ferdinand of chairmen of the board of Volkswagen was, today is it a chairman of the supervisory board.

has the call of a brilliant, but humanly sharp-edged technician. As a partner the Porsche getting thing OHG in Salzburg and Dr. engineer h.c. F. Porsche AG in Stuttgart (13% of the common stock) has a considerable fortune. It is to have thirteen children of four different Mrs. Since 1984 he is an honour doctor DOES Vienna. 1999 he became honour citizen of the city Zwickau, as well as 2002 of the city wolf castle.

Criticism

term of office as a chairman of the board with Volkswagen is coined/shaped by the entrance in the luxury segment and the high positioning of all series. The purchase of Rolls-Royces & Bentley engine Cars of the arms company Vickers proved as problematic investment. Since the rights of the use of a name were because of Rolls-Royces indirectly with BMW, Volkswagen had the label name Bentley the prestigious mark Rolls-Royce at BMW to sell and could only to use.

The upper class model Phaeton and the purchase and structure of the luxury mark Bugatti proved as failure and cost Volkswagen annually larger amounts.

Although the development had already far progressed, changed with the important middle class model trade wind of one at the VOLKSWAGEN gulf oriented platform on those of the AUDI A4 and thus from the transverse installation of the engine to the longitudinal installation, in order to be able to offer also in this class vehicles with more than six cylinders. At enormous expenditure particularly for this purpose an eight cylinder engine was developed in W-form. This W8-Modell was sold, the engine was used rarely in no other company model and production was afterwards stopped. The current VOLKSWAGEN trade wind is, like also the model built to 1996, transverse motor vehicle.

Beyond that the austerity policy led the VOLKSWAGEN under and to substantial problems in quality, in particular with gulf IV of the first production years (toothed belt damage, engine freezing up, lack of body), which load and to image problems led the Volkswagen company by high guarantee costs this very day.

Criticism worthy likewise the designation from is to the chairman of the supervisory board. It is made more difficult by this highest control function to the chairman of the board Bernd Pischetsrieder to correct the errors of its predecessor.

Interest conflicts

The families Porsche and control the sportscar manufacturer Porsche, alone possess more than ten per cent of the common stock. He is not only a supervisory board chairman of VOLKSWAGEN and Mitglied in the Porsche supervisory board, but also partner the Porsche getting thing in Salzburg, one of the most important Volkswagen selling partners in many countries. As a chairman of the board of Volkswagen it was jointly responsible for the dismissal of some managers, both with Volkswagen and especially with AUDI.

To mention the AUDI boss is Franz Josef which was discharged already 1993 after 13 months, because with the paragraph numbers was not content. AUDI is to have produced before under on waste dump. Also the successor Herbert Demel had to again vacate the post after repeated arguments with soon. The next was Franz Josef Paeffgen. 2001 pikanterweise had it over an interview in the Frankfurt general newspaper indirectly to dismiss, in which he had criticized "the stop" with AUDI. FAZ: The plots of the Porsche grandchild.

Also the discussion in the year 2006 around the future of the Volkswagen chief executive Bernd Pischetsrieder, which was developed once of as its successors, was activated by a statement This placed the support Pitschetsrieders in February 2006 publicly on the part of the representatives for the employees in the supervisory board of VOLKSWAGEN in question.