Porsche and Volkswagen get closer
GERMANY: Porsche offers EUR100.92 per VW share
As expected, Porsche has offered EUR100.92 per ordinary share in its mandatory takeover offer for Volkswagen. Preference shares will attract…
GERMANY: Lower Saxony may boost VW stake
The president of Lower Saxony, Christian Wulff, has said he is not ruling out increasing the state’s stake in Volkswagen…
GOLDING’S TAKE: You are what you eat
Porsche is going to consume Volkswagen. Having consumed it, in the eyes of investors, it will become Volkswagen. The company…
GERMANY: Porsche to launch takeover offer for Volkswagen
Porsche announced on Saturday (24 March), that it has decided to increase its stake in Volkswagen from 27.3 to 31%.…
GERMANY: Porsche no longer ruling out diesel
Porsche’s head of research, Wolfgang Dürheimer, has said that Porsche is not ruling diesel out completely. Earlier this year he…
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GERMANY: CO2 law would end Porsche production – CEO
Porsche CEO Wendelin Wiedeking has hit back at accusations that his heavy luxury cars are ‘climate killers’ and suggested that,…
GERMANY: Piech expected to remain VW chairman
Ferdinand Piech is expecting to be re-elected as head of Volkswagen’s supervisory board. Reuters cited a source in the state…