Results 1 to 1 of 1
-
September 17th, 2008 01:34 PM #1Porsche has announced they have acquired a further 4.89 percent of the Volkswagen ordinary shares today, confirming a controlling majority of which VW now becomes a subsidiary of Porsche Automobil Holding SE.
Dr. Wendelin Wiedeking, Chief Executive Officer of Porsche, said: “Our goal continues to be to increase our stake in Volkswagen to more than 50 per cent. Today’s step is a further milestone along this road.” He added: “We look forward to continuing and intensifying our cooperation with the Managing Board of Volkswagen, which is based on a spirit of mutual trust, and are hoping for a quick resolution of the conflict between the employee representatives of Porsche and VW.”
Simultaneously, as requirement by German law, Porsche is obligated to make a compulsory offer for VW subsidiary, Audi AG. Dr. Wiedeking commented: “We regard Audi as an integral part of the Volkswagen group and have no interest in removing the company from the group structure.”
Nakita ko nga din sa brochure na meron, kaso sabi nung service advisor, kapag J DAW auto down lang...
Toyota Innova Owners & Discussions [continued...