USA / Global
porsche ag Articles
Matthias Mueller named Porsche CEO
Who is the new CEO of Porsche, and what does he bring to the table? Find out inside.
Jul 06 2010
Hedge fund lawsuits threaten VW-Porsche merger
Litigation threatens VW's ability to fund the merger deal. Hedge funds claim Porsche breached rules and manipulated markets in their failed hostile attempt to takeover VW by buying a controlling stake in the automaker.
Apr 12 2010
VW intends to overtake Toyota - Sets new sales goal of 10 million units by 2018
Can Volkswagen overtake Toyota as the world's largest automaker, and can they do it by 2018? They plan to try. The details inside.
Feb 04 2010
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.
Nov 20 2009
Porsche SE Posts 4.4 Billion Euro Loss
Losses stem from its failed bid to takeover Volkswagen AG, Porsche SE's car division, Porsche AG, remains profitable
Nov 13 2009
VW-Porsche Overtakes Toyota as World's No. 1 Auto Maker
VW-Porsche has produced 4.4 million units this year, while Toyota has cut its production and only made 4 million vehicles so far.
Nov 10 2009
Volkswagen to take Larger 49.9% Porsche stake for $5.8 billion
Volkswagen AG initially wanted a 42% stake in Porsche. Now it says it will take 49.9% for the amount of €3.9 billion (US$5.8 billion).
Oct 20 2009
Official: Volkswagen to Buy 42% of Porsche for €3.3 Billion
Porsche SE, the owners of Porsche AG have announced that a 42% stake in their company is to be sold to Volkswagen AG for €3.3 billion. A full merger is the ultimate goal but alternative plans are in place in case it fails.
Aug 14 2009
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Porsche CEO Wiedeking steps down - paving way for VW
Wendelin Wiedeking has officially stepped down as CEO of Porsche as part of a deal that will bring the sports car maker into the VW fold.
Jul 23 2009
Qatar Closing On 25% Porsche Stake
Porsche's financial nightmare may soon be over, as the country of Qatar is in talks to take a 25% stake in the troubled automaker.
Jun 18 2009
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