Following its failed takeover of Volkswagen, Porsche has posted a $6.5 billion pre-tax loss for the fiscal year ended July 31st. Porsche attempted to take over the much larger Volkswagen earlier this year, but failed to complete the acquisition as credit markets dried up. Porsche warned stakeholders losses could reach $7.4 billion as the company [...] Read More:
formatting link
----------------------------------- Porsche NewsHub: Latest auto news sourced from websites, portals and blogs
formatting link