Your Search Returned 12 tagged news reports
The boss of Porsche resigns (with €50m!), and the ongoing battle with VW appears to be lost. Finally, the ongoing battle between Porsche and Volkswagen appears to be drawing to a close. On Thursday morning, Wendelin Wiedeking, CEO of Porsche, accepted...
Tags: Business › Volkswagen, Porsche AG, Wolfgang Porsche, Porsche Automobile Holding SE, Wendelin Wiedeking, supervisory board, Europe, Germany
The German luxury sports car maker Porsche has scheduled an extraordinary meeting of its supervisory board on July 23 to discuss offers by Qatar and Volkswagen, sources said on Friday. A Porsche spokesman confirmed the meeting, while a source close to...
Tags: Porsche SE, Wolfgang Porsche, Porsche Automobil Holding SE, supervisory board, Volkswagen AG, porsche spokesman, Qatar Investment Authority, porsche board
Germany — Porsche has rejected an offer by Volkswagen AG to take a 49 percent stake in the sports car maker, a company spokesman said Monday. Porsche Automobil Holding SE spokesman Albrecht Bamler said the offer by VW "is not a viable option." Debt-laden...
Tags: Porsche Automobil Holding SE, Wolfgang Porsche, Debt-laden Porsche, Volkswagen AG, sports cars, vw offer, percent stake, Albrecht Bamler, rejected vw, porsche rejected
Volkswagen said it had not presented Porsche with an ultimatum to accept its layout for a merger of the two carmakers, denying a media report and accusations from Porsche. "There is no ultimatum," a VW spokesman told Reuters on Sunday...Porsche on Saturday...
Tags: Wolfgang Porsche, Porsche Supervisory Board, Volkswagen AG, Lower Saxony
German car giant Volkswagen has proposed a system of cross-ownership with rival Porsche leading eventually to a merger between the two companies, according to the weekly Der Spiegel. VW has given the Porsche board until Monday, June 29, to agree to the...
Tags: Wolfgang Porsche, Volkswagen
VW said in a statement that it would welcome the investment because it would speed up its merger with Porsche. The Qatar Investment Authority (QIA) is in advanced talks about buying up to 25% of Porsche, according to a report in the Financial Times. Porsche...
Tags: Qatar Porsche, Wolfgang Porsche, Porsche Automobil Holding, Volkswagen, Qatar Investment Authority
The squabbling cousins who run Porsche and Volkswagen appeared to bury the hatchet on Tuesday, agreeing to work together once more towards a combination of the two German carmakers. Porsche Chairman Wolfgang Porsche and Volkswagen Chairman Ferdinand Piech...
Tags: Wolfgang Porsche, Porsche SE, Volkswagen AG, Volkswagen Reaffirm Merger, Ferdinand Piech
The online document-sharing service Scribd is debuting an Internet store today that will offer new sales opportunities for authors and publishers. Scribd's commercial channel marks the first time the two-year-old service has charged for the material posted...
Tags: Porsches, Wolfgang Porsche, Porsche Automobil Holding SE, Porsche SE, Volkswagen AG, outside investor, merger talks, Ferdinand Piech
Wolfgang Porsche, Ferdinand Piech and the other three most important owner representatives will meet then to discuss how to solve the financial problems of the firm after failing to reach an agreement last Wednesday, the magazine says. Piech, who sits...
Two cousins, Wolfgang Porsche and Ferdinand Piech, have held contrary views over how to take over VW, in which the Porsche group owns a 35 per cent stake that it wants to take to more than 50 per cent in the near future. Piech, sometimes called the "patriarch"...
Tags: Wolfgang Porsche