Porsche splits with VW and lists on the stock market 28.09.2022

Deutsche Welle | Sep 28, 2022 at 2:00 AM
  • When a massive cargo ship loaded with Porsches, Bentleys, Lamborghinis and Volkswagens burned for nearly two weeks before sinking in the Atlantic Ocean earlier this year, it could have been taken as a bad omen.
  • Of that, 25% of preferred shares are set aside for investors.
  • This was a big increase over the previous year and made up nearly a quarter of the Volkswagen Group’s entire profit, money that will be missed after selling off part of the profitable subsidiary.