Topic: Wolfgang Porsche

Volkswagen executive Matthias Mueller to become Porsche CEO, replacing Michael MachtPorsche said Tuesday that Matthias Mueller, a top manager at Volkswagen AG, will take over as chief executive of the sports car maker later this year — a move that underlined Volkswagen ...

Porsche, VW Seen Close To Deal

German carmaker Volkswagen is on the verge of buying half of Porsche's carmaking business, according to German press reports, while the Sheikh of Qatar is buying a stake in Porsche and options that control 20% of Volkswagen shares from Porsche. The ...
Volkswagen's triumphant bid to take over luxury German carmaker Porsche marks the end of a bitter family power struggle and the start of a drive to become the world's top auto manufacturer. "VW and Porsche are entering a new era ...
Ferdinand Pi?ch has won one of the most colorful corporate wars in automotive history. The takeover of Volkswagen by Porsche, plotted by Porsche CEO Wendelin Wiedeking and originally approved by the Porsche and Pi?ch families, looks as if it will ...

Porsche told by Deutsche Bank to pump in cash quickly: report

FRANKFURT (Reuters) - Deutsche Bank < CEO Josef Ackermann has told Porsche's < owner families of the urgency to stump up cash in order to pay down the company's debts, which have risen to 14 billion euros ($19.88 billion), a German magazine ...

Volkswagen pursues global goal after Porsche coup

Volkswagen has bolstered its bid to become the world's biggest automaker by 2018 after it won a bruising battle with its biggest shareholder, Porsche.VW, the biggest European car maker, wants to overtake Toyota as number one, but a boardroom struggle ...

Volkswagen aims high after Porsche coup

Volkswagen is now free to focus on trying to come out a winner in the crisis rocking the world auto sector after finishing on top in its epic power struggle with Porsche.VW, the biggest European car maker, wants to overtake Toyota ...

VW aims high after Porsche coup

Volkswagen is now free to focus on trying to come out a winner in the crisis rocking the world auto sector after finishing on top in its epic power struggle with Porsche.VW, the biggest European car maker, wants to overtake Toyota ...

VW takes the wheel at Porsche

After years of industrial and family battles, Europe's biggest car marker Volkswagen (VW) appeared close Thursday to taking over fellow German sports car maker Porsche.The programmed integration, with financial support from the Gulf emirate of Qatar, provoked the departure of ...

Defeated Porsche axes CEO to make way for VW merger

STUTTGART (Reuters) - Porsche conceded defeat in a months-long power struggle with Volkswagen Thursday by axing its embattled CEO, paving the way for VW to merge with the maker of the 911 sportscar.As a way to improve its negotiating position with Volkswagen ...