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Volkswagen has announced that it will take a 49.9% stake in Porsche AG at an estimated cost of 3.9 billion euros ($5.8 billion) in an initial step to integrate the sports car maker with the Volkwagen automotive group. The...
1 mainstream media and 3 bloggers weighed in on a similar topic
Today,
Alex Ricciuti from WorldCarFans says
(in VW Approves Porsche Merger)
VW board agrees on final details to buy a 49.9 percent stake in Porsche AG by the end of this year. The company will complete a merger with Porsche AG parent company Porsche Automobil Holding SE by 2011.
Yesterday,
just-auto.com says
(in GERMANY: VW board approves Porsche tie-up)
Volkswagen's supervisory board has approved the contracts and final details for a staged takeover of Porsche.
3 Months Ago,
Jil from CanadianDriver says
(in VW and Porsche to merge into single company)
Volkswagen AG has agreed to buy a 42 per cent stake in Porsche, with the two companies merging into an integrated company by the end of 2011.
Mind you, I use the word “shocked� because I’ve come to expect so much of Honda offerings. Over the quarter-century I’ve been involved in this business, Honda cars have always delivered the goods—and almost always a certain specialness, too. For years, when people routinely a...
Fri, Nov 20 | from Motor Trend Blog