STUTTGART, Germany, June 29 (UPI) -- German automaker Porsche turned down an offer from Volkswagen Monday that would have transferred 49 percent of its sports car unit to its larger rival.
STUTTGART, Germany, June 19 (UPI) -- German automaker Porsche said revenues dropped 15 percent in the past three quarters, putting a dream of controlling Volkswagen in the back seat.
WOLFSBURG, Germany, May 18 (UPI) -- German automaker Volkswagen said Monday it had discontinued merger talks with Porsche, a day after Porsche said the talks would continue.
STUTTGART, Germany, May 4 (UPI) -- German automaker Porsche is attempting to reduce its debt before the expiration of options to finance a deal with Volkswagen, banking sources said.
STUTTGART, Germany, Oct. 29 (UPI) -- German automaker Porsche Automobile Holding said it would sell a portion of its Volkswagen stock to ease demand resulting from a short squeeze.
FRANKFURT, Germany, March 9 (UPI) -- France's Eurazeo SA, a private equity group, is paying about $1.5 billion for the rental car business of Germany's Volkswagen AG.
