VW owner families push to break labor/state dominance, risking company split

Volkswagen's controlling families are escalating a power struggle to end the co-determination influence of labor unions and the state of Lower Saxony, threatening the company's structural cohesion. The move marks a significant deviation from VW's long-standing governance consensus, and could lead to a breakup or major restructuring. The outcome is uncertain, but the confrontation signals a fundamental shift in corporate governance dynamics.