Tag Archives | merger

VW Completes Karmann Takeover

Volkswagen AG has announced it will be establishing a new manufacturing unit located in VW’s home state of Lower Saxony, Germany. To make it happen VW have purchased the land, [...]

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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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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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Porsche And VW Merger Update

It was only about 12 months ago that Porsche was being praised for its brilliance in business tactics to take over Europe’s largest manufacturer, Volkswagen. Now it seems the tables [...]

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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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Porsche And Volkwagen Set To Merge

Porsche has finally abandoned plans to acquire a larger share of Volkswagen, of which it already own 51 percent. Instead the two German companies have revealed plans to merge into [...]

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