Unlike Volkswagen, neither Porsche nor Audi currently assembles vehicles in North America. Audi's two main rivals, Mercedes-Benz and BMW, build vehicles in the U.S., in Tuscaloosa, Alabama ...
Wolfsburg, 20 October 2009 - Volkswagen Aktiengesellschaft will take a 49.9 percent stake in Porsche AG in a first step towards an integrated automotive group with Porsche.
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Porsche Financials Battered by VolkswagenPorsche, which makes among the world’s most legendary and well-regarded sports cars, will take a $21 billion hit because of its ownership of Volkswagen. Porsche is VW’s largest shareholder.
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