WOLFSBURG, Germany, Aug. 13 (UPI) -- Volkswagen said Thursday it has worked out a merger agreement with fellow German automaker Porsche.
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.
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, Jan. 31 (UPI) -- German luxury automaker Porsche has announced planned cuts in worker hours amid falling demand for its vehicles.
BERLIN, May 17 (UPI) -- The German luxury automobile manufacturer Porsche will soon create as many as 2,700 jobs in Europe thanks to a new model, a company official says.
WOLFSBURG, Germany, March 16 (UPI) -- German automakers may not come out with hybrids for three more years due to persistent technical problems, a published report said Friday.
ZURICH, Switzerland, Sept. 1 (UPI) -- UBS AG has been named to advise Ford Motor Co. of Dearborn, Mich., on the sale of luxury car brand Aston Martin, the Swiss bank said Friday.
ATLANTA, Jan. 11 (UPI) -- Porsche has issued a limited recall of 911 Carrera S and 4S sports cars because of faulty exhaust pipes.
FRANKFURT, Germany, Sept. 26 (UPI) -- Porsche AG will pay about $4 billion for a 20 percent stake in Volkswagen AG, the Guardian reported Monday.