Ferdinand Pieche has resigned from VW

[BFeller]

Interesting turn of events. BBC news has been covering a story for the last few days concerning VW, the parent company of Porsche. It seems Mr. Peiche made some less than kind remarks about the Chief Executive a few days ago. The Chief Executive won the backing of the boar a day or two later. Another day or two passed and then Mr. Pieche resigned. So, no one from the Porsche family is in charge of VW.