"The executive committee and the supervisory board are working hard to swiftly resolve the remaining issues with regard to the composition of the supervisory bodies in the best possible manner," Winterkorn said at the carmaker's annual shareholder meeting today.
Winterkorn, who was backed in the showdown with Piech by VW's works council and stakeholder Lower Saxony, said the group had "clarity" on future strategy despite the turbulences and rushed to thank Piech for his achievements.
"It is good that we have returned to calmer waters," the CEO said. "We can concentrate fully on our business."
Earlier today, VW announced the creation of a truck holding to bundle its heavy-duty commercial vehicle brands MAN and Scania.
