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Porsche Acquires over 10 Per Cent of VW Common Stock

of this VW common stock without taking up loans. While the liquidity of the Porsche Group will decrease for a short period as a result of the acquisition of VW common stock, the Porsche Group, benefiting from its ... a total of 32,868,462 Volkswagen AG common shares, representing a stake of 10.26 per cent in VW commo ...

18/05/2010 - 12:08 - comment 0

Porsche requests approval for an increased stake in VW

increase the sports car manufacturer’s holding in VW from the present 21.2 per cent to 25.1 per cent of the voting rights, meaning that it would obtain a controlling minority in the Group. The Stuttgart ...

18/05/2010 - 10:25 - comment 0

Nuqul Automotive launches the latest VW Phaeton For the First Time in Jordan

Under the umbrella of Nuqul Group, Nuqul Automotive extends its devotion to customers through ... to world class standards. Established in 1952 Nuqul Group brings together 28 regional and global companies, ...

18/05/2010 - 10:23 - comment 0

VW Reports Major Growth in Customer Sales

to the clients' servicing needs. Under the umbrella of Nuqul Group, Nuqul Automotive extends its devotion ... and strict adherence to world class standards. Established in 1952 Nuqul Group brings together 28 regional ...

18/05/2010 - 10:25 - comment 0

porsche supervisory board approves increase of stake in volkswagen company to become a european stock corporation

the proposed increase of the stake in VW group as a logical step to enable it to meet the global challenges ... to 3.7 per cent of the ordinary shares of VW. The mandatory offer will be made to all VW shareholders ... implemented, any further increases by Porsche of its stake in VW will not trigger a renewed obligation to make ...

17/05/2010 - 22:31 - comment 0

BenQ Launches World’s Fastest 19-inch LCD Monitor Targeted at

launched the world’s fastest 19-inch LCD monitor – the FP94VW – with super-fast on-screen video ... the FP94VW – with super-fast on-screen video response times for gaming enthusiasts, into the region. Designed from the ground up, the FP94VW’s sleek design and gamer-centric features gives users the best ...

17/05/2010 - 22:32 - comment 0

Qatar seeks exclusive deal with Porsche

The Piech and Porsche families are working on a deal that would join Porsche and VW in a group of ten automakers that includes Audi and Bentley.  A spokesman from VW said he would support the investment from ...

14/08/2010 - 17:47 - comment 0

GapCorp, Volkswagen Financial Services ink deal on Extended Warranty across the Middle East

Financial Services – a wholly-owned subsidiary of Volkswagen Group – to provide Third Party Administration ... on the Agreement, Martin Warburton, Group General Manager and Vice-Chairman of GapCorp, said: "We are extremely ... demands." He added: "The deal with VW Financial Services will go a long way in providing ...

19/12/2010 - 07:36 - comment 0

Qatar Holding LLC acquires major investment in German automotive companies

of Porsche on Qatar Holding's investment in Volkswagen AG ("Volkswagen" or "VW"), Porsche and the integrated car manufacturing group which is expected to result from the combination of VW ... advancement in the discussions between PSE and VW to create an integrated car manufacturing group.   ...

14/08/2010 - 17:33 - comment 0

Skoda’s first sports utility vehicle (SUV) is launched in the UAE

with the VW group’s 1.8, 160 BHP Turbo charged engine coupled with a 6 speed DSG gearbox.  The exterior ... and build quality that you would expect from a member of the VW group of companies. Overall, it’s a vehicle ...

Press Release - 06/05/2012 - 06:38 - comment 0