Porsche, VW Merger Deal May Fall Apart
by Douglas McIntyre on Oct.31, 2010, under Towing
If you’re still waiting for a merger between the parent companies of VW and sports car maker Porsche to close, don’t hold your breath. VW’s CEO is warning that it may not happen at all. “The chances are 70 to 30 that it comes to that,” Volkswagen CEO Martin Winterkorn said in an interview with Automobilwoche on the edge of a vehicle presentation.
VW wants the transaction to add a large luxury car…
Continue reading Porsche, VW Merger Deal May Fall Apart
Porsche, VW Merger Deal May Fall Apart originally appeared on DailyFinance on Sun, 31 Oct 2010 10:21:00.
Filed Under: Company News, Investing, Toyota
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