News

2009 Porsche Boxster Video – KickingTires

Posted on 17. Aug, 2009 by PB.

0

Porsche has served up a redesign for the Boxster for the first time in five years, and Cars.com’s Joe Wiesenfelder was kind enough to test out the new 2009 version. So how does the roadster convertible hold up? …

Continue Reading

Volkswagen, Porsche Merger Moves Forward, Qatar Gets Stake – The …

Posted on 17. Aug, 2009 by PB.

0

After many months of corporate negotiations, the first step toward Germany’s great auto unification is now clear: Volkswagen has agreed to pay €3.3 billion (roughly $4.7 billion) for a 42% stake in Porsche AG, which has been valued at …

Continue Reading

Porsche Sells 10% Stake To Qatar Investment Group – MotorAuthority

Posted on 17. Aug, 2009 by PB.

0

Earlier this year we reported on Porsche’s financial troubles and the company’s attempts to seek a lifeline from both the German government and outside investors – namely in the form of an investment from the Gulf state of Qatar.

Continue Reading

VW Said to Seek $5.7 Billion to Buy Porsche Stake – DealBook Blog …

Posted on 17. Aug, 2009 by PB.

0

Volkswagen said it would raise 4 billion euros ($5.7 billion) in capital to acquire a stake in Porsche’s operating business, The Wall Street Journal reported.

Continue Reading

Porsche-VW Merger Said to Be Possible Before 2011 – DealBook Blog …

Posted on 17. Aug, 2009 by PB.

0

Porsche and Volkswagen might merge in 2010 already instead of 2011 as currently planned, German newspaper Die Welt reported, citing VW’s finance chief.

Continue Reading

VW Merger With Porsche All But Final – Auto Observer

Posted on 17. Aug, 2009 by PB.

0

The final leg in the convoluted journey Volkswagen AG and Porsche AG have undertaken in the past several years is nearing as VW, once the takeover target of miniscule Porsche , prepares to instead take a controlling interest in Porsche .

Continue Reading

Porsche families to sell 10 pct stake to Qatar fund | Opalesque …

Posted on 16. Aug, 2009 by PB.

0

From Taipeitimes.com: The Porsche and Piech families, which control Porsche SE, will sell a 10 percent stake of their shares to a Qatar investment fund, giving it a significant stake in a new joint Volkswagen- Porsche company. …

Continue Reading

Qatar will need to keep driving Porsche hard | Opalesque Sovereign …

Posted on 16. Aug, 2009 by PB.

0

The Porsche and Piech families — the descendents of Ferdinand Porsche –are selling a 10 percent voting stake in the Porsche holding company to Qatar in order to get them out of the financial mess they found themselves in when Porsche …