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 ...
Porsche’s deliveries last year dropped 3 per cent compared with 2023, with its push into the fast-growing market for electric ...
Porsche AG is falling further off track from lofty targets set during its splashy stock listing two years ago, with costs ...
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 ...
The latest reports indicate that Ferdinand Piech's sudden departure ... focused on other members of his family – descendants of Ferdinand Porsche and majority stakeholders in Volkswagen ...
In a move seen as yet another way for the controlling Piech-Porsche family to leverage its muscle over the continent's biggest automaker, Ursula Piech – wife of chairman Ferdinand Piëch – is ...
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 ...
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 ...