Automobil

Separately, Porsche Automobil Holding SE 's core sports car unit reported that first-quarter operating profit more than doubled year-to-year to €496 million, fueled by a broad rise in demand for luxury cars.

Emerging Markets Drive VW Profit Christoph Rauwald 2011

The CEO reiterated previous remarks that the plan to forge a combined company with Porsche Automobil Holding SE still stands despite "a number of not insubstantial tax and legal hurdles."

VW Keen to Expand Truck Arm Christoph Rauwald 2011

A 3% voting stake would also make Volkswagen's employees the company's fourth-largest shareholder after Porsche Automobil Holding SE, which has a 50.7% stake, the German state of Lower Saxony with just above 20% and Qatar Holding LLC's 17%.

Volkswagen Unions Aim to Take Up to 3% Voting Stake in Car Maker Christoph Rauwald 2011

Porsche Automobil Holding's core sports-car unit said first-quarter operating profit more than doubled year-on-year to €496 million $726.1 million, fueled by a broad rise in demand for luxury cars in key markets.

Business Watch 2011

One reason: Those shares carry no voting rights and VW's planned multibillion-euro merger with sports-car maker Porsche Automobil Holding remains up in the air for legal and tax reasons.

BMW's Price Premium Is Worth Paying Matthew Curtin 2011

FRANKFURT— Porsche Automobil Holding SE 's sportscar division said Monday its first-half operating profit surged on rising demand for luxury vehicles in major markets across the globe, and confirmed that it's targeting a new sales record of more than 100,000 cars this year.

Porsche Profit Driven by World-Wide Demand Christoph Rauwald 2011

Porsche Automobil Holding is scheduled to report earnings for the first half of the year on Tuesday.

Porsche Profit Driven by World-Wide Demand Christoph Rauwald 2011

A graphic with a Marketplace article Thursday about fuel-efficiency standards in luxury cars showed 2010 fines paid by Daimler AG's Mercedes-Benz, Porsche Automobil Holding SE and Tata Motors Ltd.'s Land Rover Jaguar, based on the average fuel economy of their fleet, as well as mileage and the company's U.S. sales.

Corrections & Amplifications 2011

Porsche Automobil Holding gave up earlier gains after reporting a jump in first-half operating profit and a 19% increase in revenue to end down 1.5%.

European Stocks End Lower Barbara Kollmeyer 2011

STUTTGART— Porsche Automobil Holding SE said Friday the company's plan to merge with Volkswagen AG still stands despite the remaining obstacles and voiced optimism that the related tax issues can be resolved in the foreseeable future.

Porsche: VW Deal Is on Track Christoph Rauwald 2011