Volkswagen and Porsche get broad approval for integration

Filed under:  Brand Related
Comment(s): 0

Wolfsburg/Stuttgart, July 23, 2009.
The Supervisory Board meetings of Volkswagen Aktiengesellschaft and Porsche Automobil Holding SE which took place in Stuttgart on Thursday cleared the way for an integrated automotive group combining Volkswagen and Porsche.

vw porsche logos

Volkswagen & Porsche logo.

The details of a final joint concept will be worked out over the coming weeks. Representatives of the Porsche and Piëch families, the State of Lower Saxony and the workforce of both companies have however already expressed their great satisfaction with the foundations that have now been laid.

The Chairman of the Supervisory Board of Volkswagen Aktiengesellschaft, Dr. Ferdinand K. Piëch, sees the integrated group clearly on course for success: "Together, Volkswagen and Porsche have all it takes to occupy a leading position in the international automotive industry." Talking in Stuttgart, Dr. Wolfgang Porsche emphasized that today’s resolutions represented a landmark decision and a milestone achievement for the future, adding: "Porsche will preserve the myth and identity of the Porsche brand in the integrated group. That brings new prospects for growth."

The labor representatives Bernd Osterloh, Chairman of the Group Works Council of Volkswagen, and Uwe Hück, Chairman of the Group Works Council of Porsche, were extremely positive in their assessment of the perspectives for the integrated group. According to Osterloh: "We are definitely heading in the right direction. Over the coming weeks, we must make sure the employees benefit from the new perspectives, too." Hück commented: "Porsche will retain its independence in the integrated automotive group. Porsche must remain Porsche."

The Prime Minister of Lower Saxony, Christian Wulff, underlined that the solution represented the best course for both companies: "This solution accommodates the interests of all concerned and safeguards the strength and performance of Germany’s automotive industry."

(source: Volkswagen)

Volkswagen Exclusive   
Volkswagen   Official site.
Porsche   Official site.
Advertise on Cartype
Instagram Vimeo Youtube Twitter Facebook
THE "1900's" BOOK.
Each decade seems to have its own stylistic language, and this issue showcases logos, ads, cars, companies and products (and their typographical sensibilities) from the early 1900s.

Jrop Roadside
Car Shipping Companies
Auto Transport Quotes
Vehicle Transportation


Much of the material on this website is copyrighted. Original articles appearing herein are subject to copyright. Please don't copy stuff from the site without asking; it may belong to someone! Any trademarks appearing on this site are the sole property of the registered owners. No endorsement by trademark owners is to be construed. The products, brand names, characters, related slogans and indicia are or may by claimed as trademarks of their respective owners. Every effort has been made whenever possible to credit the sources. The use of such material falls under the Fair Use provisions of intellectual property laws.