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Volkswagen's supervisory board has approved the contracts and final details for a staged takeover of Porsche.
Porsche has named Lutz Meschke as its new Executive Vice-President Financial Affairs. The position has been vacant since the resignation of Holger Härter in the summer during the political turmoil that saw Volkswagen take control of Porsche as well as the exit of Porsche CEO Wendelin Wi...
Volkswagen AG has said it would seek a potential further EUR10bn from shareholders to secure its merger with Porsche and safeguard its financial stability.
Porsche has started work on what it claimed would become one of the most modern and environment-friendly paint shops in the world at its factory in Stuttgart.
The Gulf state of Qatar wants to increase its stake in Volkswagen AG after the German carmaker completes its takeover of Porsche SE, according to an investment authority board member.
Porsche could sell 150,000 cars a year in the medium to long term but new models would be needed to achieve this goal, the head of its core sports car business told a Sunday newspaper.
How far will Volkswagen go to let Porsche know that it is in charge, that Porsche is another brand in a big VW Group stable and that things are going to be a little different now that Wiedeking is gone? Will future product plans be impacted? I have heard a whisper (there's also a report in Car...
As a sign of my outstanding relation with longterm members of staff and companions I aim to establish a charitable organisation in Stuttgart-Zuffenhausen where the headquarter of Porsche AG is located. With the support of the Porsche union representatives the trust shall be equipped w...