The VW-Porsche Merger: Fasten Your Seat Belt
Getting VW CEO Winterkorn and Porsche CEO Wiedeking, as well as the founder's descendants, to agree on the details won't be easy.
View ArticlePlanned Merger in Doubt: Porsche, VW Shares Fall as Power Struggle Escalates
A dispute between German automakers Volkswagen and Porsche is casting doubt on their merger plans and fuelling concern about Porsche's financial soundness. Their shares fell on Monday, with Porsche...
View ArticleThe World from Berlin: 'Porsche's Marriage of Convenience Is Deeply Shaken'
The Porsche and Piech families are locked in a power struggle over the dominance of the Porsche and Volkswagen companies. German commentators warn that if the dispute is allowed to continue, all sides...
View ArticlePorsche's Plight: German Carmaker Narrowly Averts Bankruptcy
Luxury carmaker Porsche came very close to bankruptcy in March. Only a dramatic rescue operation saved the company, but it's still on the skids. Over the coming weeks, the sports car manufacturer --...
View ArticleSovereign Wealth Help: Porsche Looks To Qatar to Ease Crippling Debt
Qatar is on the verge of investing in Porsche. But that won't solve all of the sports car manufacturer's problems: In addition to billions in fresh capital, the company also desperately needs a 1.75...
View ArticleBid 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...
View ArticlePorsche-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...
View ArticleWiedeking 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...
View ArticlePower 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...
View ArticleThe 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...
View ArticleDesigning 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...
View ArticleThe 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...
View ArticlePaving 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...
View ArticleNew 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...
View ArticleThe 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...
View ArticlePorsche'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...
View ArticleMarital 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...
View ArticlePorsche'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.
View ArticlePorsche'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...
View ArticleNeues Mercedes-Modell: Daimler plant Bau eines Pick-ups
Modelle, Modelle, Modelle! Weil Daimler weiter wachsen will, bauen die Schwaben jetzt sogar einen Pick-up. Die größte Kundengruppe für das neue Modell schließen sie aber erst mal aus.
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