Volkswagen buys another 50.1 percent of Porsche for 4.46 bn euros
July 5th, 2012 - 7:01 pm ICT by IANS
Moscow, July 5 (IANS/RIA Novosti) German auto giant Volkswagen will buy another 50.1 percent of Porsche SE for 4.46 billion euros to complete its ownership of the sports car maker, ... Read more...
Posted in Business |
Volkswagen picks up Suzuki stake for $2.5 bn (Lead, changing dateline)
December 9th, 2009 - 5:18 pm ICT by IANS
New Delhi, Dec 9 (IANS) German auto giant Volkswagen Wednesday picked up a 20 percent stake in Suzuki Motor for about $2.5 billion, while the Japanese auto maker will reciprocate by taking ... Read more...
Posted in Business |
Volkswagen, Suzuki stake deal sends Maruti stock up
December 9th, 2009 - 3:49 pm ICT by IANS
Mumbai, Dec 9 (IANS) Maruti Suzuki's scrip shot up 3.82 percent Wednesday after global auto giants Volkswagen AG and Suzuki Motor Corp announced a share swapping deal.
As per the partnership, Germany's Volkswagen ... Read more...
Posted in Business |
Losses mount at Porsche before absorption into Volkswagen
November 25th, 2009 - 7:30 pm ICT by IANS
Stuttgart, Nov 25 (DPA) The parent company of German sports-car maker Porsche declared a massive loss Wednesday, but it said the manufacture of its iconic cars was still profitable.
Porsche Automobil Holding SE ... Read more...
Posted in Business |
Volkswagen to takeover Porsche
July 24th, 2009 - 1:14 am ICT by IANS
Stuttgart, July 23 (DPA) The board of the giant German carmaker Volkswagen agreed Thursday to to forge a new global automotive powerhouse by mounting a two-step 8-billion-euro, ($11.4 billion) takeover of the ... Read more...
Posted in Business |