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BUSINESS
September 4, 1993 | From Times Staff and Wire Reports
Volkswagen Backs Executives: The German car maker said its supervisory board decided that production chief Jose Ignacio Lopez de Arriortura and CEO Ferdinand Piech will stay with the company. Volkswagen reaffirmed its backing for the controversial Lopez and said there is no evidence he is guilty of industrial espionage. VW's supervisory board had been meeting to discuss the accusations of spying lodged by rival General Motors Corp.
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BUSINESS
September 4, 1993 | From Times Staff and Wire Reports
Volkswagen Backs Executives: The German car maker said its supervisory board decided that production chief Jose Ignacio Lopez de Arriortura and CEO Ferdinand Piech will stay with the company. Volkswagen reaffirmed its backing for the controversial Lopez and said there is no evidence he is guilty of industrial espionage. VW's supervisory board had been meeting to discuss the accusations of spying lodged by rival General Motors Corp.
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BUSINESS
December 6, 1994
An updated version of the famed Volkswagen Beetle designed by the German car maker's Simi Valley design studio will be on the market by the end of the decade, Volkswagen A.G. recently announced. The price of the car and the number that will be produced were not disclosed, but the company said that the United States will be one of the primary markets for the new car. "We're over the moon," said Charles Ellwood, head of the Simi Valley studio, using an expression imported from his native England.
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