Years in the making and months in the build-up, the new Porsche Museum is finally open to the public. Earlier today, after a celebration hosted by Porsche and attended by a who's who of German business and political allstars, the public is officially welcome to experience the museum for themselves. Stuttgart. This Wednesday at the headquarters of …Continue to the full article
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Recent Posts from: Wendelin Weideking
Porsche to Increase VW Ownership. Expected to be Majority Shareholder.
In a not unexpected move, Porsche announced earlier today they will increase their current 31% ownership in VW to an expected 51%. Porsche has slowly been increasing their position in Volkswagen since mid-2006. Cost of the transaction is estimated at around $20 billion (give or take a bit for debt). The official statement from the company is …Continue to the full article