Porsche CEO Wendelin Wiedeking will fight for his company and its staff if it merges with Volkswagen, he has said in an interview to be published on Thursday.
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Any deal to sell Porsche Automobil Holding SE's sports car business to Volkswagen AG could be canceled by potential tax liabilities, a German newspaper reported today, knocking shares in the two German companies.
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Any deal to sell Porsche Automobil Holding SE's sports car business to Volkswagen AG could be canceled by potential tax liabilities, a German newspaper reported on Monday, knocking shares in the two German companies.
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Any deal to sell Porsche Automobil Holding SE's sports car business to Volkswagen AG could be canceled by potential tax liabilities, a German newspaper reported on Monday, knocking shares in the two German companies.
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Porsche Automobil Holding SE's debt pile from its attempt to take over the much larger Volkswagen may be larger than the company has admitted according to Germany's Bild newspaper today.
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Porsche Automobil Holding SE's debt pile from its attempt to take over the much larger Volkswagen may be larger than the company has admitted according to Germany's Bild newspaper today.
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Porsche Automobil Holding SE has wracked up 14 billion euros ($19.75 billion) in debt in its failed attempt to take full control of Volkswagen, Germany's Bild newspaper reported on Monday, citing an informed source.
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Porsche Automobil Holding SE has wracked up 14 billion euros ($19.75 billion) in debt in its failed attempt to take full control of Volkswagen, Germany's Bild newspaper reported on Monday, citing an informed source.
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Porsche Automobil Holding SE has wracked up 14 billion euros ($19.75 billion) in debt in its failed attempt to take full control of Volkswagen, Germany's Bild newspaper reported on Monday, citing an informed source.
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Porsche Automobil Holding SE has wracked up 14 billion euros ($19.75 billion) in debt in its failed attempt to take full control of Volkswagen, Germany's Bild newspaper reported on Monday, citing an informed source.
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Some will see this car as a sort of anachronism. By renaming the Golf Mk V as "Rabbit", Volkswagen Canada can keep selling the previous-generation Golf (Mk IV) as a cheaper alternative called "Golf City". In doing so -- and reviving the American name of the brand's first front-wheel drive compact -- executives were hoping to make a successful, nostalgia-fueled marketing blitz.
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Some will see this car as a sort of anachronism. By renaming the Golf Mk V as "Rabbit", Volkswagen Canada can keep selling the previous-generation Golf (Mk IV) as a cheaper alternative called "Golf City". In doing so -- and reviving the American name of the brand's first front-wheel drive compact -- executives were hoping to make a successful, nostalgia-fueled marketing blitz.
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Porsche Automobil Holding SE's controlling families will agree on Thursday to accept an offer by Volkswagen AG to buy the sports car business Porsche AG for roughly 8 billion euros ($11.28 billion), Der Spiegel reported on Saturday.
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Porsche Automobil Holding SE's controlling families will agree on Thursday to accept an offer by Volkswagen AG to buy the sports car business Porsche AG for roughly 8 billion euros ($11.28 billion), Der Spiegel reported on Saturday.
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Porsche SE's controlling families will agree on Thursday to accept an offer by Volkswagen to buy its sports car business Porsche AG for roughly 8 billion euros ($11.28 billion), Der Spiegel reported on Saturday.
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Porsche SE's controlling families will agree on Thursday to accept an offer by Volkswagen to buy its sports car business Porsche AG for roughly 8 billion euros ($11.28 billion), Der Spiegel reported on Saturday.
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A face-saving compromise is set to resolve the months-long power struggle between Volkswagen and Porsche SE over who will control the carmaking powerhouse they seek to forge.
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A face-saving compromise is set to resolve the months-long power struggle between Volkswagen and Porsche SE over who will control the carmaking powerhouse they seek to forge.
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Porsche Automobil Holding SE's controlling families will agree on Thursday to accept an offer by Volkswagen AG to buy the sports car business Porsche AG for roughly 8 billion euros ($11.28 billion), Der Spiegel reported on Saturday.
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Porsche CEO Wendelin Wiedeking could be offered a $141 million (100 million euros) payoff to quit the sports car maker to make way for a merger with Volkswagen, Germany's Sueddeutsche Zeitung newspaper reported Friday.
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