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Volkswagen board moves closer to Porsche merger

Nov. 20, 2009
German carmaker Volkswagen AG said Friday its supervisory board had approved certain agreement contracts for the planned merger with German sportscar builder Porsche, taking the companies one step closer to completing the deal. The contracts set out the...
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VW, Porsche iron out merger details

WOLFSBURG, Germany, Aug. 13 (UPI) -- Volkswagen said Thursday it has worked out a merger agreement with fellow German automaker Porsche.
Porsche CEO out, VW bid possible

Porsche CEO out, VW bid possible

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.
Report: VW plans complete Porsche buy

Report: VW plans complete Porsche buy

WOLFSBURG, Germany, July 18 (UPI) -- German automaker Volkswagen is planning a complete acquisition of sports car manufacturer Porsche, sources say.
Porsche turns down VW offer

Porsche turns down VW offer

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.

VW calls off talks with Porsche

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.

Porsche weighs options to reduce debt

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.

Porsche in awkward bidding position

SODERTALJE, Sweden, Jan. 6 (UPI) -- German luxury automaker Porsche is being obliged to bid on a Swedish truck company that it has previously said it does not want, the company said.
Porsche eyeing 2,100 new German jobs

Porsche eyeing 2,100 new German jobs

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.

Porsche recalls Carreras for bad welding

ATLANTA, Jan. 11 (UPI) -- Porsche has issued a limited recall of 911 Carrera S and 4S sports cars because of faulty exhaust pipes.

Porsche announces plans for new sports car

STUTTGART, Germany, July 27 (UPI) -- German carmaker Porsche Wednesday announced it will develop a new sports coupe that will enter the market as a 2009 model.
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Marilyn Monroe Cupcake Portrait at Madame Tussauds in New York
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A one-of-a-kind 8 x 4 foot portrait of Marilyn Monroe made from 2,100 bite sized stuffed cupcakes stands in the lobby next to her wax figure on the eve of Marilyn Monroe's 86th birthday at Madame Tussauds in New York City on May 31, 2012. UPI/John Angelillo