Porsche CEO adds to pay debate: fund critic Wiedeking is German focal point; "something is wrong"

Article Abstract:

The $100.2 mil compensation package for Wendelin Wiedeking, chief executive officer for Porsche AG, is fueling debate over the wage gap between executives and ordinary employees. While a Porsche spokesperson states that the formula for calculating Wiedeking's compensation has not changed but does include incentives, German president Horst Kohler noted that the public believes that "something is wrong" with such high levels of pay.

Executive changes & profiles, Personnel administration, Officials and employees, Compensation and benefits, Beliefs, opinions and attitudes, Kohler, Horst, Porsche AG, Wiedeking, Wendelin

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VW's Detroit exit aims to rally U.S. operations

Article Abstract:

German automaker Volkswagen AG is moving its US headquarters from Michigan to Virginia to become closer geographically to its East Coast customer base, and is exploring the possibility of building a production plant in the US. Volkswagen's plant in Puebla, Mexico, is producing at nearly its fully capacity, assembling 400,000 in 2007.

United States, Virginia, Foreign operations, Production data, Organizational history, Mexico, Volkswagen AG, Location

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A pitch for change in Europe's auto ads: worry over the climate, regulation has group backing shift in focus

Article Abstract:

European advertising agencies have proposed guidelines for automobile advertising that address environmental and safety concerns. These standards, which would be voluntary, are a response to increased government scrutiny of the impact of the automobile industry on global warming.

Europe, Product standards, safety, & recalls, General services, Advertising agencies, Advertising, Agencies, Advertising Activity, Standards, Safety and security measures, Environmental aspects, Advertising campaigns

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