USA / Global
porsche automobil holding se Articles
Martin Winterkorn to leave Porsche SE
The fallout from the dieselgate scandal continues as Porsche Automobil Holding SE has announced Prof. Dr. Martin Winterkorn will resign his position as chairman of the executive board by the end of October 31st.
Oct 19 2015
Volkswagen completes Porsche takeover, new vehicles promised
After a long and tumultuous battle, Volkswagen has finally taken over Porsche.
Aug 01 2012
Volkswagen completes Porsche purchase
Volkswagen AG has finally purchased the remaining stake in Porsche SE for 4.46 billion euros ($5.6 billion).
Jul 05 2012
VW to finalise Porsche takover for €3.9billion
Unidentified managers within the VW hierarchy have confirmed that they will set up a a holding company to take control temporarily. It is believed by completing the transaction before 2014 will save the company €1 billion in taxes.
Jan 23 2012
VW-Porsche merger delayed into next year
Volkswagen AG and Porsche Automobil Holding SE cannot agree on how much Porsche is worth while Porsche still faces legal issues.
Sep 09 2011
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
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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
Porsche secures ten billion euros to buy VW shares
Porsche will use the loan to buy up the remaining share of VW it needs to control the company. Porsche currently owns a 51 percent stake in VW. But, under German law, it would need more than 75 percent to control the company.
Mar 25 2009
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