I think they are putting a little too much of the blame on Wiedeking here. The CEO doesn't make huge stock purchases like this without board approval, and Piëch was on the board of both Porsche and VW. To me it sounds a lot more like a play by Piëch all along.
The article also understates the rivalry between Porsche and VW. They're saying it's just Wiedeking behind it since '93, but it's really been going on for a lot longer as far as I know.
The article also understates the rivalry between Porsche and VW. They're saying it's just Wiedeking behind it since '93, but it's really been going on for a lot longer as far as I know.