Wendelin Wiedeking, the CEO of Porsche , intends to discuss how the partnership with Volkswagen would work once the sports and luxury car automaker becomes a majority shareholder in VW, Germany’s biggest car manufacturer.
Porsche currently holds a near 31 percent stake in VW — the biggest held by a single party — but it is still a minority holding, thanks largely to the controversial “VW Law”.
“We are interested in the success of Volkswagen and also in the success of all brands within the company,” said the CEO in an Handelsblatt interview. “Once we have the majority, we will have the appropriate discussions on it.”
