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Tag Archives: Volkswagen

Porsche Reports Drop In Sales

20-Jun-09

Luxury car maker, Porsche SE, is not looking as good as its cars right now, posting a 27.6% drop in sales, down to 53,635 cars in the nine months through to April 30, 2009. Porsche is also burdened by its high refinancing costs from Porsche’s EUR 9B purchase of over 50% of Volkswagen’s shares earlier [...]

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Financial News Summary – May 18, 2009

18-May-09

- AIG Plans IPO for Asian Subsidiary – Lowe’s Companies, Inc Profits Exceed Estimates – Volkswagen Suspends Porsche Talks stating “the atmosphere is not a constructive one”

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