Herbert Diess's Sacking Shows What Happens When You Mess With the Establishment
23 Jul 2022, 11:41 UTC · By: Cristian Agatie / Herbert Dieses was sacked as Volkswagen Group’s CEO hours after posting a vacation message on LinkedIn. He was a victim of those who hate change
Volkswagen Group CEO Herbert Diess Leaves the Company, Oliver Blume Named Successor
22 Jul 2022, 17:43 UTC · By: Cristian Agatie / Volkswagen Group announced that Porsche CEO Oliver Blume will take over the helm of the company after Herbert Diess agreed to step down
What Went Wrong With Porsche's VW Hostile Takeover?
8 Dec 2021, 17:02 UTC · By: Andrew Nabors / Ten years ago the Porsche family tried to takeover the Volkswagen empire. Now history repeats itself so hopefully they have learned from their lessons
Volkswagen Leaders Criticized by World's Biggest Wealth Fund for Poor Decisions
8 Feb 2016, 10:15 UTC · By: Sebastian Toma / Norway has the world's largest Wealth Fund, and its leaders don't think too kindly of the people who run the Volkswagen Group, the Porsche-Piech family holding
Porsche-Piech Buys Qatar 10% Stake, Regains Full Porsche Holding Control
18 Jun 2013, 14:50 UTC · By: Ciprian Florea / The Porsche-Piech family has regained full control of the majority owner of Volkswagen Group after buying Qatar Holding’s ten percent stake in Porsche Automobil Holding SE. "All of Por...
Qatar to Get Only One VW Board Seat
24 Sep 2009, 15:35 UTC · By: Daniel Patrascu / The last ditch move made by Porsche to enforce an outside presence on Volkswagen's board of management will not lead to much for now, as the outside investor, Qatar Holding, will only get one s...
Wendelin Wiedeking Missed Out on 140M Euros
26 Jul 2009, 17:37 UTC · By: Daniel Patrascu / The recent departure of Porsche’s CEO, Wendelin Wiedeking, with a severance check of 50 million euros in his pocket, may be considered by Wiedeking as a defeat, given the latest reports which ...
Reactions to the Volkswagen-Porsche Merger
24 Jul 2009, 12:47 UTC · By: Daniel Patrascu / As we reported yesterday, German manufacturers Volkswagen and Porsche reached a preliminary agreement regarding their joint future. Although details are still scarce, as they "will be worked ou...
Porsche CEO Might Step Down After All
22 Jul 2009, 08:37 UTC · By: Alexandru Radu Chis / The challenging times for both for Porsche and its CEO, Wendelin Wiedeking, are just beginning, as reports saying he will likely step down in the near future increase in intensity. After an unsucces...
Porsche CEO to Get 100M Euros and Leave
17 Jul 2009, 14:05 UTC · By: Daniel Patrascu / It would appear that reports which surfaced yesterday in German media over a possible departure of Porsche's CEO, Wendelin Wiedeking may have some truth in them after all. A new report, publish...
VW Union Chief Slams Porsche CEO
10 Jul 2009, 13:53 UTC · By: Daniel Patrascu / As the merger between two iconic German manufacturers, Volkswagen and Porsche, lingers on, emotion runs high and it was only a matter of time before the battle between Wolfgang Porsche and Ferdinand...
Porsche Say "No" to Volkswagen
29 Jun 2009, 13:47 UTC · By: Daniel Patrascu / After earlier today we presented you Porsche's response to Volkswagen alleged ultimatum, it's time for yet another news from the German front. According to a report by German Press agency,...
Porsche Denied State, KfW Loan
20 Jun 2009, 12:01 UTC · By: Daniel Patrascu / Things seem to go from bad to worse for German luxury manufacturer Porsche. Having to face a 9 billion euro debt, the company has received a blow below the belt today, as German Foreign Minister and...
Porsche CEO Corners Board Members
19 Jun 2009, 09:01 UTC · By: Daniel Patrascu / A type of civil war has started these days within German sports car manufacturer Porsche, as the company is yet to solve its financial problems. Porsche's CEO, Wendelin Wiedeking has stepped up...
Qatar to Decide on Porsche in Two Weeks
17 Jun 2009, 10:46 UTC · By: Daniel Patrascu / The outcome of a possible deal between German manufacturer Porsche and Qatar based investors may be announced in two weeks time, Sheikh Hamad bin Jassem al-Thani, the country's prime minister t...
The Porsche Wars: It's All About the Money
26 May 2009, 09:48 UTC · By: Daniel Patrascu / ...or should we say about borrowing money from the enemy. The fight between Volkswagen and Porsche has taken another turn today, as the sports car manufacturer admitted it borrowed 700 million euro ...
The Porsche Wars: Stalemate
18 May 2009, 06:54 UTC · By: Daniel Patrascu / The future of the joint Volkswagen-Porsche company (or Porsche-Volkswagen, depending on how you look at it) has once again become uncertain, as VW decided to halt the talks with its major shareholde...
Piech: Fiat-Chrysler-GME, Three Sick People in One Bed
13 May 2009, 08:35 UTC · By: Daniel Patrascu / Leaving aside the civil war he has to face at home against Wolfgang Porsche, Ferdinand Piech took a moment to look at what may become Volkswagen Group's most fierce competition: the possible Fi...
The Porsche Wars: Piech's First Strike
12 May 2009, 10:35 UTC · By: Daniel Patrascu / One of the most interesting developments in the automotive industry, the future Porsche-Volkswagen joint company, keeps to the track, hidden behind the glamorous moves Fiat is taking in the industry...
Porsche and Volkswagen Will Merge
7 May 2009, 06:35 UTC · By: Daniel Patrascu / As we told you in our past reports, the German luxury manufacturer is passing through some difficult times these days. Due to large debts both Porsche and Piech families have accumulated, the compan...