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May 31, 2001

In second gear

Previously a byword for poor transparency and inadequate disclosure, Volkswagen is trying to become more investor-friendly

Ferdinand Piech wants to go out with a bang. But not the sort that emanates from clapped-out cars. The 64 year-old chairman of Volkswagen is set to retire next year after nine years at the helm of the German automobile giant and he has made no secret of the fact that he intends to swap his manual shift for the tiller of a yacht. First Piech wants to see the company shift up a few gears. Few believe he'll leave Volkswagen completely when he collects his pension, yet his chances of becoming

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