Volkswagen Shelves Porsche IPO For Now

Agent009 submitted on 10/29/2021 Auto Spies Photos Timestamp: 12:00:34 PM

Views : 4,776 | Category: New Cars | Source: | SOURCE: www.bloomberg.com

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Volkswagen AG Chief Executive Officer Herbert Diess appeared to pour cold water on plans for a possible listing of the Porsche sports-car brand. 

Europe’s biggest carmaker listed the Traton SE trucks unit two years ago and plans to tap external funding for battery ventures, but isn’t looking to divest other assets at this point in time, Diess said Thursday.

 



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Volkswagen Shelves Porsche IPO For Now

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