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Legal Woes at Porsche Continue
The so-called Higher Regional Court of Stuttgart will try two former executive board members of Porsche Automobil Holding SE in the aborted takeover caper where Porsche attempted to win control of the Volkswagen Group. Continue reading
Volkswagen Board Extends Contract of CEO Martin Winterkorn
The Supervisory Board of Volkswagen AG unanimously extended the contract of Management Board Chairman Prof. Dr. Martin Winterkorn for another five years until the end of 2016, the VW said yesterday in a statement. Continue reading
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Tagged auto informed, auto news, autoinformed.com, automotive news, Ken Zino, martin winterkorn, porsche, toyota, vw, vw expansion, vw versus toyota, wendelin wiedeking, zino
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Milestones – 20 years of Porsche Cayenne SUVs
Ferry Porsche predicted in 1989: “If we build an off-road model according to our standards of quality, and it has a Porsche crest on the front, people will buy it.” He would eventually be right. Since 2002, the Cayenne has been one of the mainstays of the car manufacturer’s global success. Continue reading →