porsche AG
Porsche V8 Cayenne Diesel Coming but Not to the US
A better bet is a future V8 diesel likely in development for Bentley’s upcoming SUV, though exactly what displacement, features and power output it will possess is as yet unknown.
Volkswagen Plans Full Porsche Takeover
Martin Winterkorn, CEO of Volkswagen and Porsche, is clearly frustrated at the present lack of integration between the two companies, something he reiterated earlier this month at the North American International Auto Show in Detroit.
Porsche Casts Doubt Over Volkswagen Merger
Porsche is looking increasingly unsure over a potential takeover by Volkswagen, which currently holds a 49.9-percent stake in the sports car maker. Porsche Automobil Holding SE is the company that holds the 50.1% majority of Porsche AG, the manufacturing arm that actually builds the cars. But Volkswagen is looking to exercise an option that allows…
Breaking: Porsche CEO Ousted As Volkswagen Takeover Backfires
Porsche CEO Wendelin Wiedeking is leaving his position at the helm of Germany’s most renowned sports car maker and he isn’t leaving voluntarily. Wiedeking was sacked by the Porsche’s executive board late yesterday so that the company could move forward with a “merger” with Germany’s largest automaker, Volkswagen. The now former CEO opposed the deal…
