Pischetsrieder’s retirement gig: The (high-end) used-car lot

Pischetsrieder's retirement gig: The (high-end) used-car lot

Bernd Pischetsrieder, former chief of BMW and Volkswagen, on right, at his vintage car store with partner Michael Mandat has a lot of experience selling new cars. Now he’s focusing on old ones.

Pischetsrieder, 65, has acquired a controlling stake in C. F. Mirbach, a vintage car dealership in Germany. The store sells such exotic vintage models as Ferrari Dinos, Mercedes SL Gullwings and Duesenbergs.

He has moved the store from Riedering in southernmost Bavaria to a location near Munich — on the site of a service center for high-end cars that he also controls.

Pischetsrieder was CEO at BMW from 1993 to 1998. He headed the VW Group from 2002 until supervisory board chairman Ferdinand Piech replaced him with Martin Winterkorn in 2007.

Pischetsrieder was one automotive CEO who did not feign his love of classic cars.

A great uncle, Alec Issigonis, created the original Mini and, while at the helm of BMW, Pischetsrieder acquired Rolls-Royce.

Pischetsrieder is an enthusiastic driver and once crashed a $1 million McLaren F1 after driving it off the road into the woods near Munich in 1995.