VW Group Purchasing Operations Of Porsche

Volkswagen Group plans for world growth to acquire the operations of the Porsche. The deal has price around US$ 7.5 billion and ends the complex process of merging the brands, started in 2008. This year, Volkswagen has acquired 51% stake in the sports car manufacturer, which in turn also bought 51% stake in Volkswagen.

With the sale of operations, which involves the part of management and commercial gathering lines, the VW Group starts to manage indeed the Porsche. The conclusion of the action also adds, finally, to mark the tenth German conglomerate, which includes Audi, Bentley, Bugatti, Lamborghini, Scania, Seat, Skoda, MAN and even Volkswagen.

And the tentacles of Volkswagen even go further: the company owns 20% of the shares of Japan’s Suzuki and recently purchased the automotive design studio Italdesign Giugiaro. Rumors also point to the interest of VW in Alfa Romeo, currently held by the Group Fiat.