Volkswagen Demands Marchionne Step Down From Trade Group Over Comments

German automaker Volkswagen rebuffed accusations about waging an unfair price war in Europe by demanding that Fiat CEO Sergio Marchionne step down as chairman of European auto trade group ACEA.

Marchionne, who is also head of Chrysler, said this week Volkswagen was being too aggressive in its pricing strategy when conditions are already tough in the European auto industry.

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Agent009 - 7/27/2012 11:29:12 AM

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I wouldn't expect any mercy from VW. No one ever cut them any slack when they had issues, so the learned a bitter lesson and now are on top.

lucus - 7/28/2012 6:29:56 AM

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European nations have already been invaded by germany. They are now occupied economically by Germany. For the german automakers it is a consequence of wanting to become the one and only power. Maybe Nazi didnt make it on past, but the road is clear for the ILLUMINATI.