Contact Us

Home> International News> News detail

Porsche poised to take total control of VW

From Financial Times| February 15,2007

Porsche is set to take total control of fellow German carmaker Volkswagen after the biggest opponent of Porsche's ambitions at VW threw in the towel and European lawmakers called for an end to a law protecting VW from takeover.

Lower Saxony, VW's second-largest shareholder after Porsche, will no longer stop the sports carmaker taking both the chairmanship and a third seat on VW's supervisory board, its state premier has told colleagues and fellow directors.

All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us:

Install Gasgoo APP

Anytime and anywhere to know the dynamics of China's auto industry

Hot Auto Products| e-Catalog| Auto Products Directory| Auto Parts Manufacturers|

Gasgoo Site: Automotive News| 中文站| 汽车资讯| 出口供应商| 汽车社区|

Copyright Notice © 2016 Corporation and its licensors. All rights reserved.