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VW and Porsche to Merge; New Integrated Auto Group with 10 Brands, Led by VW

Green Car Congress

A corresponding agreement has been negotiated by Volkswagen AG and Porsche Automobil Holding SE, as well as the Porsche and Piëch family shareholders and the employee representatives of the companies involved. Porsche Automobil Holding SE’ss Supervisory Board has also approved the concept for the combination of the two companies.

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Breaking news: VW and Porsche to merge

Green Cars News

The group will be led by Volkswagen with corresponding agreements negotiated by Volkswagen AG and Porsche Automobil Holding SE as well as the Porsche and Piech family shareholders and the employee representatives of the companies. Meanwhile, negotiations will continue with the Emirate of Qatar to acquire options on Volkswagen shares.

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The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

Baua Electric

s top class Zeekr emblem have began promoting in Israel and planning to make bigger into extra international locations within the patch, together with Qatar and Bahrain. As an concept, it’s superior however enlargement remains to be very gradual right here. Chery Car Co. and Zhejiang Geely Keeping Staff Co.’s