VW finance chief: “Today is a good day for Porsche and for Volkswagen”

3:12 am Thursday, September 29th, 2022

BERLIN (Reuters) – The listing of Porsche AG gives the luxury car maker more entrepreneurial autonomy to implement its strategy and Volkswagen more flexibility in financing the transformation towards electromobility and digitalization, VW finance chief Arno Antlitz said on Thursday.

“Today is a good day for Porsche and for Volkswagen,” Antlitz said.

(Reporting by Kirsti Knolle; Editing by Riham Alkousaa)

17 mins ago

Analysis-Endeavor’s $13 billion deal highlights push to sidestep minority shareholders

50 mins ago

GameStop expects first-quarter revenue to drop, shares tumble

52 mins ago

Weaker loonie may not deter Bank of Canada diverging from the Fed