Porsche VW Explore Merger Under One Brand - Plans of VW Takeover Halted

May 09, 2009 0 Replies

The two German automakers will form a single automotive company with 10 brands. Details remain few, but VW and Porsche say they have agreed upon a blueprint for the deal. Reuters reports that Porsche will inject about 5 billion euros into the new company. Read More:

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