Tag Archives | piech family

Volkswagen Takes 49.9% Of Porsche

In late July Porsche announced Wendelin Wiedeking would be leaving his position as the company’s CEO to be replaced by Michael Macht, clearing the way for the supervisory board at [...]

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Volkswagen And Porsche Close Merger Deal

Europe’s largest automaker, Volkswagen, and Porsche announced at the end of last week that they reached an agreement to merge their operations to create an integrated automotive group led by [...]

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Power Struggle Ends: VW To Acquire Porsche

Volkswagen is planning to purchase all of sports carmaker Porsche, which has run into massive financial problems linked to its overly ambitious plan to take control of VW. The attempted [...]

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Porsche / VW Drama Reaches Climax

The on-going feud between the families behind Porsche and VW continues to spill into the business dealings of the two companies. Both Porsche and VW have angled for the better [...]

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VW Halts Merger With Porsche

Volkswagen says it has indefinitely halted talks over its merger with Porsche, saying the sports car manufacturer is not prepared for a partnership. Porsche went into significant debt earlier this [...]

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