Home Consumer Product Reviews Forums Photos Videos Expert Reviews News Register Login Search

Volkswagen Law faces EU court defeat as Porsche revs engines

Sunday October 21st, 2007 at 8:1010 PM
Posted by: Derek

Sun Oct 21, 12:15 AM ET

FRANKFURT (AFP) – The European Court of Justice is expected to rule on Tuesday against the so-called “Volkswagen Law”, paving the way for Porsche to take control of the continent’s biggest carmaker.

Striking down the 40-year-old law which prevents Volkswagen from being taken over would allow Porsche to raise its 31-percent stake to a majority.

Read the rest of this entry »

Posted in Porsche, Press and News, Volkswagen |Tags:, || No Comments »


Next Entries »



latest reviews sidebar promo
latest reviews


latest news sidebar promo
latest news

Select a Category