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March 11, 2008

A motor group has won a regional UK Coutts Prize for Family Business.

A motor group has won a regional UK Coutts Prize for Family Business. Leeds-based JCT600 will now go on to the national finals, which are to be held in June. The firm was nominated for the award by Sir Ken Morrison of family-owned WM Morrison Supermarkets.

January 9, 2008

Ferdinand Piech, Volkswagen AG Chairman and grandson of Porsche founder Ferdinand Porsche, has testified to a German court that he didn't know about any payments made to labour leaders when he was CEO between 1993 and 2002.

Ferdinand Piech, Volkswagen AG Chairman and grandson of Porsche founder Ferdinand Porsche, has testified to a German court that he didn't know about any payments made to labour leaders when he was CEO between 1993 and 2002.

The trial centres around former VW manager Klaus-Joachim Gebauer and ex-labour leader Klaus Volkert. Volkert is charged with demanding illegal bonuses while Gebauer is accused of breach of trust for reportedly organising these payments.

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