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Bid Dismissed as 'Not Viable': Porsche Rejects VW Takeover Offer

The power struggle between German automakers Porsche and Volkswagen escalated on Monday with Porsche rejecting VW's takeover bid as unfeasible. That means Porsche still hasn't found a solution for its...

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Porsche-VW Power Struggle: Qatar Has Sights Set on German Industry

The emirate of Qatar is waiting for Porsche and Volkswagen to settle their power struggle, but its patience will eventually run out, insiders say. Even if it ditches its plans to buy a stake in either...

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Wiedeking to Step Down: Owners Settle on New CEO for Porsche

Wendelin Wiedeking, who has been held responsible for Porsche's bungled attempted takeover of Volkswagen, is preparing to step down from his job. According to information obtained by SPIEGEL, the...

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Power Struggle Ends: Volkswagen to Acquire Porsche

Volkswagen is planning to purchase all of sports carmaker Porsche, which has run into massive financial problems linked to its overly ambitious plan to take control of VW. The attempted takeover, which...

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The Porsche Story: A Fierce Family Feud

Volkswagen looks set to acquire Porsche, the troubled German sports car manufacturer. At the core of the companies' tightly intertwined histories is a deeply divided family engaged in a power struggle...

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Designing Cars for Hitler: Porsche and Volkswagen's Nazi Roots

Both Volkswagen and Porsche had close connections with the Third Reich. It was Ferdinand Porsche who designed the "people's car," the legendary VW Beetle, in 1934. Adolf Hitler was so taken with the...

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The Porsche Story: The Downfall of a Corporate Upstart

Porsche CEO Wendelin Wiedeking turned the luxury sports carmaker around in the 1990s. But his archrival Ferdinand Piëch would put a stop to Wiedeking's grandiose scheme to take over much-larger...

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Paving the Way for VW Takeover: Porsche CEO Wiedeking Resigns

Porsche CEO Wendelin Wiedeking, who became one of Germany's highest-paid executives after turned the company around in the 1990s, has resigned. He fell from grace after a bungled attempted takeover of...

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New CEO Michael Macht: Quiet Technocrat Takes the Reins at Porsche

New Porsche boss Michael Macht could hardly be more different from his outspoken predecessor, Wendelin Wiedeking. But that's no coincidence: Volkswagen, which is set to acquire Porsche AG, wants a...

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The World from Berlin: 'Wiedeking Is to Blame for the Porsche Disaster'

Now that Porsche CEO Wendelin Wiedeking has agreed to step down the path is clear for a takeover by Volkswagen. The decision leaves VW's Ferdinand Piëch the victor in this power struggle, but German...

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Porsche's Past: The Dark Pre-History of the World's Favorite Sports Car

Officially, history began for Porsche in 1950. But the company existed before that as a supplier for Hitler's war machine. New research suggests that the company benefited much more from its Nazi ties...

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Marital Woes: Takeover Battle Leaves Open Wounds at Volkswagen and Porsche

The long-running takeover battle between VW and Porsche has created deep divisions between the two auto manufacturers. Now they are dependent on each other for their future success, but some people at...

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Porsche's Hybrid Racecar: Green Energy Hits the Track

Auto racing is hardly one of the greenest sports out there. But Porsche has now come up with a racecar outfitted with a hybrid engine. The technology could ultimately find its way onto the street.

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Porsche's Poker: Turning the Car Business into a Casino

German prosecutors are probing accusations that Porsche conducted dodgy share deals during a failed takeover bid for Volkswagen. Meanwhile, hedge funds are suing the sports car maker in the US. Porsche...

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The Cartel: Collusion Between Germany's Biggest Carmakers

The diesel scandal is not a failure on the part of individual companies, but rather the result of collusion among German automakers that lasted for years. Audi, BMW, Daimler, Volkswagen and Porsche...

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The End of a Legend: 'Made in Germany' Label Badly Damaged By Car Scandal

Germany's diesel scandal occurred because the government has long been too lenient on the automobile industry. Deep ties between politicians and the sector allowed the situation to get out of hand,...

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EU Competition Commissioner Vestager: 'The Auto Industry Is a High Priority'

EU Commissioner for Competition Margrethe Vestager, 49, has made a name for herself by taking on Google, Apple and Starbucks. She talks to DER SPIEGEL about her current investigation into possible...

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New Cartel Suspicions: Secret Price Fixing Among German Carmakers

After numerous scandals in recent years, the German automobile industry is facing scrutiny yet again. This time, VW, Daimler, BMW and Bosch are believed to have colluded on steel price fixing.

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Electric Dreams: Porsche's Quest to Make Eco-Friendly Sports Cars

Porsche is trying to reinvent itself in the wake of Germany's diesel-emissions scandal by turning itself into an environmentally friendly sports-car company. It's a billion-euro bet with enormous...

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'Change Through Trade Has Failed': China Pressures Foreign Companies to Fall...

To help end the protests in Hong Kong, the Chinese government is pressuring foreign companies doing business in the country to toe the official position. Any firm that doesn't can expect punishment --...

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