New Volkswagen CEO Steering Iconic Brand Back to Being Value Leader

Finally there's someone with good old fashioned common sense running Volkswagen. Not that Herr Dr. Bernd Pischetsrieder, chairman of the board of management of Volkswagen AG doesn't have his act together, he most obviously does as he managed to lure Wolfgang Bernhard away from DaimlerChrysler and placed him in the top position over the iconic VW brand, but ex-Volkswagen Chairman Ferdinand Piech truly didn't understand VW's core value proposition at all.