The billionaire Porsche-Piëch family, Volkswagen’s majority owner, has taken a hardline stance in backing the company’s plans to close several German factories, as the threat of diminished dividends ...
The Porsche-Piëch family’s holding company on Friday said it expected to write down the value of its stake in VW by between €7bn and €20bn, as the lack of financial data from the company meant it had ...
head of the Volkswagen Supervisory Board and grandson of Ferdinand Porsche, knows that nothing lasts forever – especially, life. The VW boss man has his mind on his money while his family has ...
Read more: The 20 Best BMWs Ever Designed A lot of changes can happen over nearly 100 years, but the Porsche family is still active in running the business. However, they share ownership with the ...
(Reuters) - The Porsche-Piech family, controlling Volkswagen's top shareholder, are increasingly concerned by the lack of progress in the German automaker's restructuring and has been pressing for the ...
which the hedge funds accuse Porsche and Piëch (who are both members of the Porsche family and supervisory board) of organizing. "Porsche SE and its supervisory board members will defend ...
The holding company of VW’s majority owners, the Porsche-Piëch family, warned in December that it expected to write down its stake in Europe’s largest carmaker by up to €20bn — equivalent ...
Auto manufacturer Volkswagen’s majority stakeholder, the billionaire Porsche-Piëch family, has revealed their strong support for shutting down numerous German plants, according to Financial Times. The ...
Porsche SE—the Porsche/Piëch family—geared the company to acquire its large share back in Porsche during its IPO, relying on VW dividends to reduce its debt burden. VW’s future could ...