Vw’s merger deal with Porsche SE still on track, despite hurdles

Legal and tax hurdles are significant hindrances to a merger deal between Volkswagen AG and Porsche Automobile Holding SE. However, VW CEO Martin Winterkorn recently said at VW’s Wolfsburg headquarters that the company remains totally committed to the Comprehensive Agreement and to the merger with Porsche. VW has plans to surpass Toyota Motor Corp. as the world's largest carmaker with 10 million vehicle sales annually by 2018 through a mixture
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uhn2000 - 3/14/2011 9:47:49 AM

+3 Boost

Honestly this is just not a good thing for Porsche - and this totally based on my buying experiences at Audi and VW.