Volkswagen AG froze talks over a merger that could bail out majority owner Porsche SE, leaving the luxury sports car maker scrambling to reassure investors a deal to unite the two was still alive.
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Volkswagen AG, Europe's largest carmaker, has halted tie-up talks with Porsche, saying its smaller peer and major shareholder was not ready for a merger.
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Volkswagen AG, Europe's largest carmaker, has halted tie-up talks with Porsche, saying its smaller peer and major shareholder was not ready for a merger.
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Volkswagen AG, Europe's largest carmaker, has halted tie-up talks with Porsche, saying its smaller peer and major shareholder was not ready for a merger.
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Volkswagen has halted tie-up talks with Porsche. A VW spokesman said on Sunday that Porsche is not ready for a merger. The two companies had planned to meet on Monday to develop plans for a tie-up.
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Audi's boss thinks Volkswagen CEO Martin Winterkorn should head a combined VW and Porsche, a magazine reports.
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Volkswagen AG CEO Martin Winterkorn is too busy with ongoing VW-Porsche merger talks to attend a ceremony Thursday at the automaker's new U.S. plant, a U.S. newspaper reports.
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Volkswagen AG CEO Martin Winterkorn was too busy with VW-Porsche merger talks to attend a ceremony Thursday at the automaker's new U.S. plant, a newspaper reported.
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Volkswagen AG CEO Martin Winterkorn was too busy with VW-Porsche merger talks to attend a ceremony Thursday at the automaker's new U.S. plant, a newspaper reported.
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Volkswagen AG CEO Martin Winterkorn was too busy with VW-Porsche merger talks to attend a ceremony today at the automaker's new U.S. plant, a newspaper reported.
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Volkswagen AG CEO Martin Winterkorn was too busy with VW-Porsche merger talks to attend a ceremony Thursday at the automaker's new U.S. plant, a newspaper reported.
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When you think of Porsche, the first few things that cross your mind are speed, style and refinement. Moreover, if I told you that I just bought a Porsche, you would immediately assume that it's the mighty 911, the distinctive Cayman or the sophisticated Boxster. Yet, over half of all Porsches sold in Canada are... SUVs.
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When you think of Porsche, the first few things that cross your mind are speed, style and refinement. Moreover, if I told you that I just bought a Porsche, you would immediately assume that it's the mighty 911, the distinctive Cayman or the sophisticated Boxster. Yet, over half of all Porsches sold in Canada are... SUVs.
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German financial markets watchdog BaFin is investigating a possible market manipulation by Porsche Automobil Holding SE as it attempted to take over Volkswagen AG, the organization said on Tuesday.
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German financial markets watchdog BaFin is investigating a possible market manipulation by Porsche Automobil Holding SE as it attempted to take over Volkswagen AG, the organization said on Tuesday.
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Porsche AG, Stuttgart, the production of the new Panamera has started. On April 19, it was presented to the global public in Shanghai for the first time. The car will be launched in September starting with some European markets. Porsche is manufacturing the four-door Gran Turismo together with the successful sporty Cayenne SUV on one product line.
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German financial markets regulator BaFin has started an investigation into possible market manipulation by Porsche linked to its attempt to take over Volkswagen, it was reported on Tuesday.
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Porsche SE must trim debt before the sports-car maker can be incorporated into the Volkswagen AG structure as part of steps to combine the two automakers, Volkswagen chairman Ferdinand Piech said.
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German financial markets watchdog BaFin is investigating a possible market manipulation by Porsche Automobil Holding SE as it attempted to take over Volkswagen AG, the organization said on Tuesday.
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Volkswagen Chairman Ferdinand Piech favors VW CEO Martin Winterkorn over Porsche boss Wendelin Wiedeking to run a combined VW/Porsche group.
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