F&I Management & Training

Porsche is planning to work with Volkswagen on a new entry model for the group, according to the sports carmaker's finance chief Holger Härter. He says he is currently working on a proposal for a future entry model with finance colleagues at Volkswagen, to present to Volkswagen and Porsche management. He said: "I am convinced that we will find an amicable solution to managing both companies in the future. We will probably decide on this model this year." Last month, Porsche increased its stake in Volkswagen to 35%, giving it effective control of the company.

DATED: 07.10.08

FEED: AW