VW board demanded Piech go after learning of secret plot

Sources say VW is already starting to adjust its strategy to respond to Piech's recent criticisms. (BLOOMBERG)

AC

By:

Andreas Cremer Georgina Prodhan

April 26, 2015 05:00 AM

BERLIN -- Ferdinand Piech, who resigned as chairman of Volkswagen over the weekend, sowed the seeds of his own demise by reneging on a deal to support CEO Martin Winterkorn and secretly plotting to oust him instead, according to sources close to the VW board.

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