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