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Sachsen Classic 2009 successfully completed
Seven cabriolet, Volkswagen sent to the Sachsen Classic last weekend. Nearly 700 kilometers in three days behind the aged sweetheart. Without complaint and without any problem, they were rolling on 15 August to end in the Transparent Factory in Dresden.
Continue reading ‘Classic Volkswagen Cabriolet ready for next adventure’
At its extraordinary meeting today, the Supervisory Board of Volkswagen Aktiengesellschaft endorsed the creation of an integrated automotive group with Porsche under the leadership of Volkswagen. The Volkswagen Board of Management will now begin talks with the newly-nominated representatives of Porsche to jointly draw up a final concept to achieve this goal. At the same time, a comprehensive auditing and assessment process will be initiated as the prerequisite for signing an agreement on the principles relating to the combination of the two companies.
Continue reading ‘Volkswagen Supervisory Board lays foundation for integrated automotive group’
The Supervisory Board meetings of Volkswagen Aktiengesellschaft and Porsche Automobil Holding SE which took place in Stuttgart on Thursday cleared the way for an integrated automotive group combining Volkswagen and Porsche. The details of a final joint concept will be worked out over the coming weeks. Representatives of the Porsche and Piëch families, the State of Lower Saxony and the workforce of both companies have however already expressed their great satisfaction with the foundations that have now been laid.
Continue reading ‘Broad approval for integration of Volkswagen and Porsche’
Wendelin Wiedeking arrived at Porsche’s factory near Stuttgart as a young engineer in 1983.
He leaves a quarter of a century later a much richer man – but with the manner of his departure casting a shadow over his otherwise hugely successful career.
To many observers, his attempt to gain control of Volkswagen (VW) was a mark of hubris, the action of a man who believed that he simply could do no wrong.
A new tax problem is threatening prospects for Volkswagen to acquire sports carmaker Porsche. The continuing drama between Porsche and VW, the world’s second-largest automobile manufacturer, is starting to make German newspaper commentators squirm.
The struggle for power between Porsche and Volkswagen continues, despite an apparent breakthrough in negotiations late last week that suggested the two automakers would soon merge, with Wolfsburg-based VW assuming control of the Stuttgart-based company, and make the sports car-maker its 10th automobile brand.
Read the full article on Spiegel
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