Cars
Volkswagen and Porsche announced that they do not expect their merger to be accomplished within the period they originally established. In late 2009, VW acquired a 49.9% stake in Porsche for €3.9 billion ($5.3 billion) and initiated an integration plan that would be completed before the end of 2011. Read more »
- Volkswagen To Finalize Porsche's Sports Car Business Takeover This August
Ending years of bickering between two of Germany's most successful automakers and the respective families that hold their fate, Volkswagen has announced that it will complete the buyout of the remaining 50.1 percent stake of Porsche's sports...
- Vw To Buy Out Porsche’s Shares "when The Time Is Right"
It’s no secret that Volkswagen has wanted to add Porsche to its portfolio for quite some time now. After Porsche tried to acquire the VW Group without any success, the two companies decided in 2009 to complete a merger until the end of 2011. ...
- Volkswagen Agrees To Buy 19.9 Stake In Suzuki As It Eyes Small Car And Indian Markets
Confirming rumors that have been circulating for the past few months, Volkswagen and Suzuki announced on Wednesday that they have reached a common understanding to establish a close long-term strategic partnership.Under the agreement, VW will buy a 19.9...
- Volkswagen And Porsche Close Merger Deal
Europe's largest automaker, Volkswagen, and Porsche announced today that they reached an agreement to merge their operations to create an integrated automotive group led by VW. Under the agreement, Volkswagen will buy a 42 percent stake in Porsche's...
- Porsche Makes €6.83 Billion On Vw Shares, €1 Billion From Selling Cars...
At a time when most automakers are struggling with a sharp downturn, making a €8.586 billion profit (before taxes) in the fiscal year 2007/2008 that ended on July 31 definitely comes to a surprise - especially when we're talking about a company...
Cars
VW and Porsche Postpone Merger Plans but Say “Goal Remains Unchangedâ€
Volkswagen and Porsche announced that they do not expect their merger to be accomplished within the period they originally established. In late 2009, VW acquired a 49.9% stake in Porsche for €3.9 billion ($5.3 billion) and initiated an integration plan that would be completed before the end of 2011. Read more »
- Volkswagen To Finalize Porsche's Sports Car Business Takeover This August
Ending years of bickering between two of Germany's most successful automakers and the respective families that hold their fate, Volkswagen has announced that it will complete the buyout of the remaining 50.1 percent stake of Porsche's sports...
- Vw To Buy Out Porsche’s Shares "when The Time Is Right"
It’s no secret that Volkswagen has wanted to add Porsche to its portfolio for quite some time now. After Porsche tried to acquire the VW Group without any success, the two companies decided in 2009 to complete a merger until the end of 2011. ...
- Volkswagen Agrees To Buy 19.9 Stake In Suzuki As It Eyes Small Car And Indian Markets
Confirming rumors that have been circulating for the past few months, Volkswagen and Suzuki announced on Wednesday that they have reached a common understanding to establish a close long-term strategic partnership.Under the agreement, VW will buy a 19.9...
- Volkswagen And Porsche Close Merger Deal
Europe's largest automaker, Volkswagen, and Porsche announced today that they reached an agreement to merge their operations to create an integrated automotive group led by VW. Under the agreement, Volkswagen will buy a 42 percent stake in Porsche's...
- Porsche Makes €6.83 Billion On Vw Shares, €1 Billion From Selling Cars...
At a time when most automakers are struggling with a sharp downturn, making a €8.586 billion profit (before taxes) in the fiscal year 2007/2008 that ended on July 31 definitely comes to a surprise - especially when we're talking about a company...