Porsche edges to majority VW stake
GERMANY: Osterloh to fight Porsche domination
The head of Volkswagen’s works council, Bernd Osterloh, has said he will campaign against a domination and profit transfer agreement…
GERMANY: Porsche stake in VW now exceeds 50%
Porsche has acquired over 50% of Volkswagen, increasing its holding to 50.76% of all ordinary voting shares. As a result…
GERMANY: Osterloh named head of Porsche Holding works council
Volkswagen works council leader Bernd Osterloh has been appointed head of the works council at Porsche Automobil Holding. Osterloh’s deputy…
GERMANY: Porsche US sales halved
Porsche sales in North America were down almost by half in November. The company sold 1,378 cars in the US…
GERMANY: Court rules against Porsche in VW case
A Hanover court has ruled against Porsche in a complaint designed to remove the state of Lower Saxony’s 20% blocking…
GERMANY: Porsche turns down
Porsche has said that turnover in the four months to the end of November will be around EUR2bn, some 18%…