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Why doesn t Porsche have an F1 team?

Volkswagen Launching German Battery-Production Site

The automaker establishes a new division called PowerCo to handle battery-production activities.

VW Chairman Diess Details Countering Climate Change

VW Chairman Diess Details Countering Climate Change
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Volkswagen Receives €7 5 Billion Offer for Lamborghini

Volkswagen Receives €7.5 Billion Offer for Lamborghini A Swiss-Anglo investment consortium seeks acquisition of the Italian supercar manufacturer despite “not for sale” rhetoric from parent company Audi. The Volkswagen Group has received a €7.5 billion ($9.2 billion) purchase offer for Automobili Lamborghini. The non-binding offer, made in a letter of intent sent earlier this month to the German automaker, sets out terms for the purchase of Lamborghini by Quantum Group SA. The newly established Zurich-based holding company has formed a consortium with London-based investment firm Centricus Asset Management with the aim of creating what it describes as a “technology and lifestyle investment platform” under the working title Outlook 2030.

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