VolksWagen prepares to take over Porsche

Porsche is already integrated into the structure of VW and the VW brand is considered to be released, but later acquired by Porsche is an independent company came to the agenda.

Porsche CEO and financial affairs director Wendel Wiedeking will leave Holger Haerter was reported tasks.

Porsche since 1993 and served as top managers of two companies to combine deprecator Wiedeking, the task of releasing, VW and Porsche to buy between brands were added to facilitate the evaluation.

Allocated 50 million Euros and Wiedeking, while the 12.5 million Euro will Haerter specified.

In 1983 and the company's production Porsche'a participating and working in materials management unit Wiedeking, after leaving in 1988 as production manager in 1991 and returned to the company and in 1993 became the company's top managers.

Porsche Wiedeking talking to workers,''No matter what we should look into the past. Now, about our future we must work in constructive manner''he said.

Wiedeking'in Instead, board member responsible for production of Michael Macht'in future, staff will assist director Thomas Edig'in the Macht'in saved.

The 51 percent shares in the hands VW'nin Porsche, the rate of 75 percent by removing the single judge VW'nin be difficult with the economic crisis went into plans and the company's debt of 9 billion euros was found.

Will increase at least 5 billion euros of capital explaining the Porsche board of directors, selling shares to Qatar to support the balance sheet meeting was approved.

Porsche, VW 10-thousand people employed to make the 370-thousand people. Under the roof of VW Seat, Skoda, Audi, VW and Scania are the luxury brands, Lamborghini and Bentley.