VW chairman appears isolated on board after CEO criticism

April 12, 2015 2:01 PM

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BERLIN/STUTTGART, Germany (Reuters) – Volkswagen Chairman Ferdinand Piech faces growing resistance within the carmaker’s supervisory board to his criticism of Chief Executive Martin Winterkorn.

Piech on Friday publicly withdrew his confidence in Winterkorn who has been at the helm of Europe’s largest automaker since 2007, telling German magazine Der Spiegel he has “distanced” himself from the CEO.

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