“I am very confident, that we will conclude the deal by 2011,” he told Reuters, adding he could not foresee any stumbling blocks.
Porsche SE agreed in August to sell a 42% stake in sportscar maker Porsche AG to VW for EUR3.3bn (US$4.80bn) as part of a multi-step deal to integrate the two companies by 2011.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
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.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
