Reports by German newspaper Handelsblatt claimed that sources close to Volkswagen's chairman and former CEO Ferdinand Piëch have said that the 76-year-old chairman will step down amidst health problems, but VW is denying the reports, according to Reuters. A VW spokeswoman said, "Dr. Piëch is in the best of health and will remain supervisory board chairman of Volkswagen for a long time.".
Autoblog , VW boss Piëch denies plans to step down, VW boss Piëch denies plans to step down
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