WOLFSBURG, Germany, Aug. 13 (UPI) -- Volkswagen said Thursday it has worked out a merger agreement with fellow German automaker Porsche.
STUTTGART, Germany, July 23 (UPI) -- Porsche announced Thursday Wendelin Wiedeking, its longtime chief executive, is stepping down, a move observers say may hasten a Volkswagen takeover.
WOLFSBURG, Germany, July 18 (UPI) -- German automaker Volkswagen is planning a complete acquisition of sports car manufacturer Porsche, sources say.
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.
LUXEMBOURG, Oct. 23 (UPI) -- The European Union's highest court Tuesday tossed the law protecting German car-maker Volkswagen from unwanted takeovers, allowing Porsche to do just that.
FRANKFURT, Germany, Sept. 26 (UPI) -- Porsche AG will pay about $4 billion for a 20 percent stake in Volkswagen AG, the Guardian reported Monday.
STUTTGART, Germany, Sept. 26 (UPI) -- German carmaker Porsche plans to acquire one-fifth of Europe's biggest auto manufacturer Volkswagen, to shield VW from a hostile takeover.
