Tuesday, August 27, 2019

Former Volkswagen boss Ferdinand Piëch dies at 82

Ferdinand Karl Piëch, engineer who built Volkswagen into a 12-brand empire that overtook GM and Toyota by sales, has died aged 82.

Mr Piëch, grandson of Beetle designer Ferdinand Porsche, was in 1999 named car executive of the century for his numerous exploits, which included leading motor racing competition at Porsche in the 1960s, developing luxury cars at Audi in the 1970s, and then turning the VW Group from a lossmaking carmaker in the 1990s to being the world’s largest in 2016.

His death has been confirmed by his widow Ursula, who told the DPA news agency that he died “suddenly and unexpectedly”.