Tagged “Wiedeking”

  • Porsche determined to acquire 75% stake in VW

    Earlier this week we saw Porsche finally acquire a majority stake in the Volkswagen Group, with its direct ownership in the German giant moving up to 50.76%. While Porsche is no rush to increase its h...

  • Official: Porsche now owns more than 50% of VW

    Yet another chapter of the Porsche-VW takeover saga has unfolded today as Porsche has finally pushed its holding in VW over 50%. Porsche has held an interest of 74.1% in combined stock and options in...

  • Porsche slams government bailout for auto industry

    Porsche is expected to release another set of high profit figures for this financial year on the back of its growing stake in VW and its own successful sports car range, but despite this success the c...

  • Wiedeking says Porsche won't cut Audi's lineup

    The Audi R8 has been a primary target of concern for Audi lovers ever since Porsche began posturing for a takeover of the VW Group. It was speculated that Audi products, such as the R8, that impinged...