Search Results for ‘porsche se’

There’s been some drama at the highest levels of the Volkswagen empire. In a short statement issued on June 9, the company acknowledged an apology from CEO Herbert Diess but neglected to mention the cause of the offense. According to a report from Reuters, there may be one of two reasons for...

Porsche Automobil Holding SE has denied it intentionally misled investors over the severity of the VW emissions cheating crisis in 2015. With Volkswagen AG’s Chief Executive Officer Matthias Müller now personally caught up in the growing market manipulation investigation , it was only a matter...

Volkswagen’s CEO, Matthias Müller, has told German newspaper Handelsblatt that he is already interested in picking someone to follow him in that role. "I am already in talks with the supervisory board about who could be my successor," Müller was quoted as saying in Handelsblatt. "It is...

Volkswagen Group sales exceeded expectations last year as revenue rose by 4 billion euros to more than 217 billion euros ($230 billion). "While the past fiscal year posed major challenges for us, despite the crisis the Group's operating business gave its best-ever performance," CEO Matthias...

Despite some friction between management and labor over cost cutting measures implemented by Volkswagen’s new CEO, Herbert Diess, the Porsche family still has faith in his abilities, according to a new report. Diess was brought in to steer the VW ship into calmer waters following the emissions...

Hans Dieter Potsch, former VW finance chief and current supervisory board Chairman, is now the target of a German investigation. The investigation centers around suspected market manipulation and came about as a result of the TDI scandal that rocked Volkswagen. The investigation that Potsch is...