Volkswagen has defused a power struggle regarding measures required to accelerate its expansion in electric vehicles, lifting its shares by 5% on Tuesday as investors welcomed CEO Herbert Diess getting
Volkswagen has defused a power struggle regarding measures required to accelerate its expansion in electric vehicles, lifting its shares by 5% on Tuesday as investors welcomed CEO Herbert Diess getting
Volkswagen posted forecast-beating third quarter profit, weathering a storm of less car sales, more spending and new pollution regulations which dented earnings at competitors Daimler and BMW. Automakers throughout the
Former Volkswagen chairman Ferdinand Piech offered the bulk of his stake in the company to his younger brother, Frankfurter Allgemeine Zeitung noted. Piech, who dominated Volkswagen for over two decades
Former Volkswagen Chairman Ferdinand Piech has consented to sell a huge part of his stake in the company that controls Europe’s largest automaker, minimizing his links with Volkswagen after over
Porsche SE, Volkswagen’s majority shareholder, stated it has no details about previous VW chairman Ferdinand Piech’s talks with the automaker’s managing families about a potential sale of his stake. “We
The Porsche and Piech families are wanting to strike a quick deal to purchase shares in Porsche SE from Volkswagen’s former chairman Ferdinand Piech, a person knowledgeable with the matter
A huge Porsche SE stake owned by previous Volkswagen chairman Ferdinand Piech might be purchased by other members of the Porsche and Piech clans prior to May 30, German publisher
Volkswagen shares increased in early Wednesday trading as financiers welcomed news the automaker is done with settling the criminal and civil settlement with the United States Justice Department over its
The Emirate of Qatar owns about 17 percent of Volkswagen’s shares, making it the company’s third-largest investor, after the Porsche/Piech families, and the State of Lower Saxony. Qatar holds two



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