Porsche has been planning to take control of Volkswagen for several months now, with the sports car maker finally making its move on Wednesday. Porsche
announced its integration with Volkswagen earlier today, creating a single entity with 10 underlying brands.
Porsche’s move to takeover VW has stalled in the recent months, but recent meetings between both sides spurred the decision. “In the final structure, 10 brands shall stand below an integrative leading company alongside each other, whereby the independence of all brands and explicitly also of Porsche shall be ensured… Details
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