Blog: BP out of VW
Dave Leggett | 8 November 2006
It had seemed like Bernd Pischetsrieder had ridden the challenge to his VW reform plans posed by Piech and the labour unions, but the sudden announcement that BP is resigning suggests otherwise. The announcement comes just after it has emerged that VW is to consolidate more western European production inside Germany (click here). So, that's more production in high-cost Germany with some compensatory reductions in lower cost places. That doesn't sound like something that BP was working towards. And the new guy, Winterkorn, is widely considered to be a Piech man. Where does that leave Wolfgang Bernhard?
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