Porsche has stopped its efforts to take control of Volkswagen AG and agreed for an in-house merger with them, creating an integrated car manufacturing group in which ten brands will stand below an integrative leading company alongside each other and will be controlled by one single management board. Read More… That doesn’t mean Porsche will [...]

Porsche is continuing its effort to control its parent company Volkswagen. They just announced that they’ve purchased further ordinary shares in Volkswagen AG, now owns 50.76 percent of VW’s shares. Now the question is why the hell Porsche wants to control VW? They have been one of the fewest car makers which never suffered form [...]