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FILE PHOTO: Ferdinand Piech, chairman of the supervisory board of German car manufacturer Volkswagen AG, waits for the start of a trial at the district court in Brunswick (Braunschweig) January 9, 2008. Piech has been asked as a witness in the case against former workers council chairman Klaus Volkert and Volkswagen AG’s former personnel manager Klaus-Joachim Gebauer around corruption allegations. Piech denied any knowledge of the carmaker’s system to ply labour leaders with perks and prostitutes when he was chief executive from 1993 to 2002. REUTERS/Fabian Bimmer/Pool
FRANKFURT (Reuters) – Ferdinand Piech, Volkswagen AG’s (VOWG_p.DE) former chairman and chief executive, who transformed the German carmaker from a regional manufacturer into a global automotive conglomerate, has passed away, German tabloid Bild said on Monday.
Piech, 82, died on Sunday, the German tabloid said, without citing sources.
A representative for the Piech and Porsche families, who still control a majority stake in Volkswagen through their family holding company Porsche SE, could not be reached for comment.
Volkswagen could not be reached for comment.
Reporting by Edward Taylor in Frankfurt; Editing by Matthew Lewis
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