Volkswagen's largest shareholder, holding firm Porsche SE , said on Wednesday that it planned to deepen its involvement in the defence sector, while reaffirming its core focus on cars and industrial ...

According to Bloomberg Law, which cites insiders, Deutsche Telekom is also set to participate. A total of half a billion euros in venture capital is planned. Incidentally, the area is not entirely new ...

Deutsche Telekom is reportedly teaming up with Porsche SE to head up a new venture capital fund targeting European defence ...

Porsche SE, the Porsche-Piëch family’s holding company said on Wednesday that it was seeking “other investors and strong partners” to invest in defence start-ups alongside it, in a bid to tap into ...

Volkswagen's parent company Porsche SE has cut its annual profit target due to the difficult conditions at its core holdings, ...

Holding company Porsche, Volkswagen's largest shareholder, has today cut its full-year profit forecast, weighed down by the German automaker's weak first-half performance, while reiterating its plans ...

Volkswagen and Porsche have each called for special meetings of the respective company's supervisory boards to take place on July 23. A decision is expected by then at the latest.

Porsche called off its takeover bid after it ran up €9 billion ($12.2 billion) of debt acquiring VW stock. It currently owns 51 percent of VW, not enough for control of Europe's largest automaker.

Porsche and Volkswagen agreed on Wednesday to merge into a new German automobile giant – putting a new twist on the indebted luxury carmaker's attempted takeover of the much larger VW.

Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit ...