Posted by: beckbamberger | July 21, 2009

CEO Interview with Porsche CEO, Wendelin Wiedeking

CEO Wendelin Wiedeking of Porsche SE, the sports-car maker, said the company may merge with Volkswagen AG.  Why?   One reason:  “Stuttgart-based Porsche is considering ways to reduce more than 9 billion euros ($12.7 billion) in debt after amassing a 51 percent stake in VW as well as the options for 20 percent of the Wolfsburg-based carmaker, Europe’s largest.”

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