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Michael Macht
Michael Macht (born 28 August 1960) was the board of management member in charge of production with the German carmaker Volkswagen. Macht was formerly CEO of the management board at Porsche where he was appointed chairman of the Porsche AG and Porsche Automobil Holding executive board on 23 July 2009 and also served on the board of Porsche SE. Macht was succeeded at Porsche by Matthias Müller, who had previously been in charge of product strategy at VW. On August 1, 2014, Macht resigned as group production chief and left Volkswagen. His resignation coincided with difficulties in implementing the modular production platform (MQB). Early life and career Macht was born in Stuttgart, Germany on 28 August 1960. He studied mechanical engineering at the University of Stuttgart and then worked at the Fraunhofer Institute for Industrial Engineering, before joining Porsche in 1990, at first a specialist for engine planning. He later became assistant to the chairman of the management b ...
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Volkswagen
Volkswagen (),English: , . abbreviated as VW (), is a German motor vehicle manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Founded in 1937 by the German Labour Front under the Nazi Party and revived into a global brand post-World War II by the British Army Officer Ivan Hirst, it is known for the iconic Beetle and serves as the flagship brand of the Volkswagen Group, the largest automotive manufacturer by worldwide sales in 2016 and 2017. The group's biggest market is in China, which delivers 40 percent of its sales and profits. Its name is derived from the German-language terms and , translating to "people's car" when combined. History 1932–1940: People's Car project Volkswagen was established in 1937 by the German Labour Front (''Deutsche Arbeitsfront'') in Berlin. In the early 1930s, cars were a luxury – most Germans could afford nothing more elaborate than a motorcycle and only one German out of 50 owned a car. Seeking a potential new market, s ...
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Vorstand
In German corporate governance, a ''Vorstand'' is the executive board of a corporation (public limited company). It is hierarchically subordinate to the supervisory board (''Aufsichtsrat''), as German company law imposes a two-tier board of directors. German law confers executive powers on the executive board as a body. It is expected to act collectively and collegially. Unlike the executive committee (a.k.a. operating committee or executive council) of a U.S. or UK company, the executive board is not an adjunct of the CEO (managing director). In contrast to Japanese corporate governance, the German executive board has real decision-making power.Charkham, page 85 It is, by law, the managing body of a company and cannot be instructed by any legal person, be they natural or artificial, to act in such a way as to harm the business. Executive board members are personally liable for accepting any such instructions. The specific scope of an executive board's duties varies from b ...
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Matthias Müller (businessman)
Matthias Müller (born 9 June 1953) is a German businessman who was the chief executive officer (CEO) of Volkswagen AG from 25 September 2015 to 12 April 2018. He had been the CEO of its subsidiary, Porsche, since 2010 and has been Member of the executive board of Porsche Automobil Holding SE since 2010. Early life and education Matthias Müller was born on 9 June 1953, in Limbach-Oberfrohna, East Germany. His family moved to West Germany in 1955, and he grew up in Bavaria. After graduating from school in Ingolstadt, Müller started an apprenticeship as a toolmaker at Audi, which he completed in 1977. He subsequently studied computer engineering science at the Munich University of Applied Sciences. Career Müller returned to Audi, taking a junior management position in the IT department in 1984. After joining the planning department in 1993, Müller became product manager for the Audi A3; two years later he was given overall responsibility for product management at Audi. After ...
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Stuttgart
Stuttgart (; Swabian: ; ) is the capital and largest city of the German state of Baden-Württemberg. It is located on the Neckar river in a fertile valley known as the ''Stuttgarter Kessel'' (Stuttgart Cauldron) and lies an hour from the Swabian Jura and the Black Forest. Stuttgart has a population of 635,911, making it the sixth largest city in Germany. 2.8 million people live in the city's administrative region and 5.3 million people in its metropolitan area, making it the fourth largest metropolitan area in Germany. The city and metropolitan area are consistently ranked among the top 20 European metropolitan areas by GDP; Mercer listed Stuttgart as 21st on its 2015 list of cities by quality of living; innovation agency 2thinknow ranked the city 24th globally out of 442 cities in its Innovation Cities Index; and the Globalization and World Cities Research Network ranked the city as a Beta-status global city in their 2020 survey. Stuttgart was one of the host cit ...
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Germany
Germany, officially the Federal Republic of Germany (FRG),, is a country in Central Europe. It is the most populous member state of the European Union. Germany lies between the Baltic and North Sea to the north and the Alps to the south. Its 16 constituent states have a total population of over 84 million in an area of . It borders Denmark to the north, Poland and Czechia to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The nation's capital and most populous city is Berlin and its main financial centre is Frankfurt; the largest urban area is the Ruhr. Settlement in what is now Germany began in the Lower Paleolithic, with various tribes inhabiting it from the Neolithic onward, chiefly the Celts. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity. A region named Germania was documented before AD 100. In 962, the Kingdom of Germany formed the ...
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Mechanical Engineering
Mechanical engineering is the study of physical machines that may involve force and movement. It is an engineering branch that combines engineering physics and mathematics principles with materials science, to design, analyze, manufacture, and maintain mechanical systems. It is one of the oldest and broadest of the engineering branches. Mechanical engineering requires an understanding of core areas including mechanics, dynamics, thermodynamics, materials science, structural analysis, and electricity. In addition to these core principles, mechanical engineers use tools such as computer-aided design (CAD), computer-aided manufacturing (CAM), and product lifecycle management to design and analyze manufacturing plants, industrial equipment and machinery, heating and cooling systems, transport systems, aircraft, watercraft, robotics, medical devices, weapons, and others. Mechanical engineering emerged as a field during the Industrial Revolution in Europe in the 18 ...
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University Of Stuttgart
The University of Stuttgart (german: Universität Stuttgart) is a leading research university located in Stuttgart, Germany. It was founded in 1829 and is organized into 10 faculties. It is one of the oldest technical universities in Germany with highly ranked programs in civil, mechanical, industrial and electrical engineering, among others. It is a member of TU9, an incorporated society of the largest and most notable German institutes of technology. The university is especially known for its reputation in the fields of advanced automotive engineering, efficient industrial and automated manufacturing, process engineering, aerospace engineering and activity-based costing. History From 1770 to 1794, the Karlsschule was the first university in Stuttgart. Located in Stuttgart-Hohenheim, it has since 1818 been the University of Hohenheim and is not related to the University of Stuttgart, except for some joint activities. What is now the University of Stuttgart was founde ...
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Fraunhofer Society
The Fraunhofer Society (german: Fraunhofer-Gesellschaft zur Förderung der angewandten Forschung e.V., lit=Fraunhofer Society for the Advancement of Applied Research) is a German research organization with 76institutes spread throughout Germany, each focusing on different fields of applied science (as opposed to the Max Planck Society, which works primarily on basic science). With some 29,000 employees, mainly scientists and engineers, and with an annual research budget of about €2.8billion, it is the biggest organization for applied research and development services in Europe. Some basic funding for the Fraunhofer Society is provided by the state (the German public, through the federal government together with the states or ''Länder'', "owns" the Fraunhofer Society), but more than 70% of the funding is earned through contract work, either for government-sponsored projects or from industry. It is named after Joseph von Fraunhofer who, as a scientist, an engineer, and an e ...
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Porsche
Dr. Ing. h.c. F. Porsche AG, usually shortened to Porsche (; see below), is a German automobile manufacturer specializing in high-performance sports cars, SUVs and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany. The company is owned by Volkswagen AG, a controlling stake of which is owned by Porsche Automobil Holding SE. Porsche's current lineup includes the 718 Boxster/Cayman, 911 (992), Panamera, Macan, Cayenne and Taycan. History Origin Ferdinand Porsche (1875–1951) founded the company called "Dr. Ing. h. c. F. Porsche GmbH" with Adolf Rosenberger and Anton Piëch in 1931. The main offices was at Kronenstraße 24 in the centre of Stuttgart. Initially, the company offered motor vehicle development work and consulting, but did not build any cars under its own name. One of the first assignments the new company received was from the German government to design a car for the people; that is, a '' Volkswagen''. This resulted in the Volkswagen Beet ...
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Porsche Cayenne
The Porsche Cayenne is a series of mid-size luxury crossover sport utility vehicles manufactured by the German automaker Porsche since 2002 (Type 9PA or E1), with North American sales beginning in 2003. It is the first V8-engined vehicle built by Porsche since 1995, when the Porsche 928 was discontinued. It is also Porsche's first off-road variant vehicle since its Super and Junior tractors of the 1950s, and the first Porsche with four doors. The second-generation Cayenne (Type 92A or E2) was unveiled at the 2010 Geneva Motor Show in March following an online reveal. The Cayenne shares its platform, body frame, doors and electronics with the similar Volkswagen Touareg and Audi Q7. It received a facelift in 2014 with minor external changes, and introduced a new plug-in E-Hybrid version, with its public launch at the Paris Motor Show. Since 2008, all engines have featured direct injection technology. The third generation (Type PO536) was unveiled in 2017 at Stuttgart. The ...
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Porsche Panamera
The Porsche Panamera is a mid/ full-sized luxury car ( E-segment/ F-segment in Europe) manufactured and marketed by German automobile manufacturer Porsche across two generations using a front-engine, rear or all-wheel drive configuration. Porsche debuted the production first generation Panamera at the 13th Auto Shanghai International Automobile Show in April 2009, launching hybrid and diesel versions in 2011. In April 2013, the company introduced a facelifted model, again at the Shanghai Auto Show, followed by the US introduction of a plug-in hybrid version, the Panamera S E-Hybrid, in November 2013. Porsche introduced the second generation Panamera in 2016. The ''Panamera'' name, as with the '' Carerra'' name, derives from the Carrera Panamericana race. Concept As a front-engine, full-size, four-passenger, four-door luxury hatchback weighing nearly , the Panamera runs contrary to the company's historically lightweight two-door, rear-engine sports cars, notably the ...
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Wendelin Wiedeking
Wendelin Wiedeking (born August 28, 1952 in Ahlen, Germany) is the former President and Chief Executive Officer of the German car manufacturer, Porsche AG, a post he held from 1993 through July 23, 2009. He was also speaker of the company's executive committee and was a member of the supervisory board of Volkswagen AG from 2006 to 2009. Life before Porsche Wiedeking was born in Ahlen, North Rhine-Westphalia. He grew up in Beckum, Germany, and attended RWTH in Aachen. After graduation in 1978, he remained at RWTH for graduate school, in order to attain a doctorate in engineering. He earned this degree in 1983. With Porsche His professional career began in 1983 as Director's Assistant in the Production and Materials Management area of Porsche AG in Stuttgart-Zuffenhausen. A mechanical engineer by training, he joined Porsche in 1983, aged 31. After a stint at Wiesbaden based Glyco AG, a subsidiary of auto-parts maker Federal-Mogul, he returned to Porsche as head of production ...
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