Ferdinand Piëch Ferdinand Piëch Ferdinand Karl Piëch (born 17 April 1937) is an Austrian business magnate, engineer and executive who was the chairman of the executive board ("Vorstandsvorsitzender") of Volkswagen Group in 1993-2002 and the chairman of the supervisory board ("Aufsichtsratsvorsitzender") of Volkswagen Group in 2002-2015. A grandson of Ferdinand Porsche, Piëch started his career at Porsche, before leaving for Audi after an agreement that no member of the Porsche or Piëch families should be involved in the day-to-day operations of the Porsche company. Piëch eventually became the head of Audi, where he is credited with evolving and growing Audi into a
Volkswagen New Beetle 1998. Strong public reaction to the Concept One convinced the company that it should develop a production version which was launched as the New Beetle in 1997 for the 1998 model-year, based on the Golf IV's larger PQ34 platform. The New Beetle is related to the original only in name and appearance (including the absence of a car emblem script with the exception of the VW logo). For the 1998 model year, only the TDI compression-ignition engine was turbocharged; the spark-ignition engines were only naturally aspirated. In June 1999, Volkswagen introduced the 1.8T, which was the first turbocharged spark-ignition engine