

| Subject: | Re: name change of Volks Cafe |
| From: | jimt |
| Date: | Mon, 17 Oct 2005 11:12:47 -0600 |
F Piech works for the unions. A recent power election discussion on piech keeping his chair with the new two seats going to Porsche showed that. His only supporters were the union members on the board and they outnumber the rest of the exec board. He is basically the last of the old guard that sent VW down its path of doom. Even his own family doesn�t speak up for him (Porsche stock is family owned and Piech is Porsche) As for how much VWoA cares. Right now I am betting too many of them are running around trying to cover their rear ends. Right now Piech power base is eroding as the manufacturing division is starting to play serious hard ball on costs and unions. The unions found that manufacturing wasn�t joking about moving production on a couple of new models to SEAT factories and parts production to a couple of SKODA plants and shutting down or moth balling german plants if they didn�t renegotiate wages. Piech power with his old cronies in the other divisions is gone as they have all bailed out before being charged with everything from embezzlement, to bribery, to political corruption (taking gvt positions and still keeping their VW board positions, and the oposite). You want some interesting soap opera stuff on VW, get membership in AN and one of the other automotive industry trade sites. also set up a google news link for stories. Also a couple of german papers have english feeds. I find the vw saga a very intersting interplay of what is going on in the world. Sex, bribery, and double dipping politicians. Potential hostile takeovers and friendly takeover conspiracies. Love it!!! jimt On 10/17/05 10:18 AM, "Pensioner" <al_knoll@PACBELL.NET> wrote: > Email is all too easy to ignore/delete. A paper letter, posted to the > proper contact or to F. Peich himself is much more effective. Someone must > physically open it, note the content and in general do at least an > acknowledgement reply on paper. After all, you are a shareholder, and F. > Peich works for you.
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