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Ex-VW boss to give up last grip on power

Martin Winterkorn, the Volkswagen CEO who resigned over revelations that the car maker had deliberately cheated on emissions tests, is to give up his other powerful roles in the group.

Ex-VW boss to give up last grip on power
File photo: DPA

While Winterkorn gave up his €17-million-a-year executive role as head of Volkswagen (VW) at the end of September after news that VW had cheated emissions tests on 11 million cars, the 68-year-old kept his fingers in pies across the company's many subsidiaries.

He is chairman of Audi and of Volkswagen's truck business and holds a directorship at Porsche, – but he now intends to give up these roles, the Süddeutsche Zeitung (SZ) reported on Monday.

But the most significant change will be Winterkorn's stepping down from his position at the head of Porsche-Holding, the company that holds the Porsche and Piëch families' controlling shares in Volkswagen.

The Piëchs are the family of Porsche founder Ferdinand Porsche's daughter Louise, with the clan headed by Ferdinand Karl Piëch – Louise's son and VW chairman until April 2015, when he lost a hard-fought leadership battle to Winterkorn.

Staying in charge of Porsche-Holding would mean that Winterkorn – known affectionately as “Wiko” inside VW – was effectively still in a more powerful position than his successor as Volksawgen CEO Matthias Müller.

Gone within days

Company sources told the SZ that Winterkorn decided he could no longer realistically hold those jobs and will give them up in the coming days.

He already sent a signal in this direction by failing to turn up for the Audi board meeting last Wednesday.

The Lower Saxony state government – which holds 20 percent of Volkswagen shares, making it the second-largest shareholder – had warned Winterkorn that it expected him to resign from all his titles.

And industrial workers' union IG Metall – strongly represented among VW workers – added its voice to the chorus calling for Winterkorn to go.

SEE ALSO: Police raid Volkswagen offices in Wolfsburg

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GREENPEACE

Two hospitalized in Munich after activist crashes parachute into Euro 2020 stadium

At least two people were hospitalised Tuesday after a Greenpeace activist crash-landed on the pitch before the Germany-France match at Euro 2020 when his powered parachute microlight struck spidercam cables at Munich's Allianz Arena.

Two hospitalized in Munich after activist crashes parachute into Euro 2020 stadium
The activist lands on the turf of the Allianz Arena. credit: dpa | Christian Charisius

The pilot flew over the pitch just before kick-off in the Group F clash with “Kick out oil” written on the canopy of his parachute.

However, when the pilot hit television cables above the pitch, it knocked his microlight off balance and he landed on the turf after clipping one of the stands, where the casualties happened.

The activist was arrested soon after landing.

A Munich police spokesman told AFP that at least two people suffered head injuries and “both had to be taken to hospital, we don’t know yet how serious the injuries are”.

The police spokesman said the activist appears to have escaped injury, but “we are considering various criminal charges. Munich police has zero understanding for political actions that put lives at risk”.

UEFA also slammed the botched stunt.

“This inconsiderate act – which could have had very serious consequences for a huge number of people attending – caused injuries to several people attending the game who are now in hospital and law authorities will take the necessary action,” European football’s governing body said in a statement.

The parachutist above the stadium. Photo: dpa | Matthias Balk

“The staging of the match was fortunately not impacted by such a reckless and dangerous action, but several people were injured nonetheless.”

The stunt was a protest against German car manufacturer Volkswagen, one of the sponsors of the European Championship, Greenpeace explained in a Twitter post.

“UEFA and its partners are fully committed to a sustainable Euro 2020 tournament and many initiatives have been implemented to offset carbon emissions,” said UEFA.

Greenpeace said they regretted any harm caused.

“This protest was never intended to disrupt the game or hurt people,” read a Twitter post on Greenpeace’s official German account.

“We hope that everyone is OK and that no one was seriously injured. Greenpeace actions are always peaceful and non-violent.”

“Unfortunately, not everything went according to plan.”

READ MORE: Climate activists rage as Germany opts for drawn-out coal exit

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