Porsche/Volkswagen Merger Delayed
Published Wednesday, 26 October, 2011 by Blog Admin. Categories: News.
Since summer 2009, Volkswagen has owned approximately 49 percent of luxury automaker Porsche. They were planning to acquire the second half by the end of the year. However, VW put a hold on the deal last month.
Although VW hasn't decided not to scrap the Porsche merger all together, the future of the deal relies on VW's investigation into Porsche operations.
Porsche, however, remains optimistic. Speaking at the Frankfurt Motor Show, Matthias Muller…