“The intention to increase the Volkswagen stake to above 50% in November/December 2008 remains unchanged,” Porsche said.
Porsche said it expected the EU commission would soon qualify the new draft of the VW Act – which requires an 80% holding for full control – tabled by the German federal government as not complying with EU law and that a new lawsuit would be filed with the European Court of Justice.
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Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
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