News - VW
FCP Euro announced today that it will be expanding their brand by offering to include Bosch OEM parts and products to its customers.
Officials at the largest automotive manufacturer in Europe have agreed to keep its Blackberry servers from sending emails to some employees when they are off the clock.
DOHA, Qatar, August 14 /PRNewswire/ -- Qatar Holding LLC ("Qatar Holding") announced today that it has reached a final agreement with Porsche Automobil Holding SE ("Porsche" or "PSE") and the family shareholders of Porsche on Qatar Holding's investment in Volkswagen AG ("Volkswagen" or "VW"), Porsche and the integrated car manufacturing group which is expected to result from the combination of VW and Porsche. Under the agreement, Qatar Holding will acquire from PSE cash settled options on Volkswagen shares.
Porsche announced Thursday Wendelin Wiedeking, its longtime chief executive, is stepping down, a move observers say may hasten a Volkswagen takeover. Also leaving the German company along with Wiedeking, who ran things at Porsche for 17 years, was Holger Haerter, Porsche's chief financial officer, CNN
German automaker Volkswagen is planning a complete acquisition of sports car manufacturer Porsche, sources say.
