What is surprising, though, is the fact that this CEO heads a company deriving most of its sales and profits from catering to the rich in – America. The name of the company is Porsche, and the CEO is Wendelin Wiedeking. He had this to say about America in an interview with the German weekly SPIEGEL (Issue 39-2006):
Wiedeking: We mustn’t copy one to one everything
that works in the Anglo-American realm,
particularly since we have proof
delivered over the centuries that our
idea about economies works too. We have
a tradition. Europe’s culture is
decidedly older than that of the USA.
The Fuggers were doing business, while
hunting was still the order of the day
in America. Right now 37 million people
in the USA live below the poverty line.
The gulf between poor and rich has
widened brutally. Do we want to have
a situation like that in Europe and
particularly in Germany?
2007-02-07
22:06:14
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10 answers
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asked by
Anonymous
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Porsche