Volkswagen’s Surprise CEO Shuffle Threatens Porsche’s Mega IPO
Analysts believe Porsche could be worth more than its parent company, Volkswagen Group, if it goes public. The IPO plan is now in jeopardy after an abrupt leadership change.
Herbert Diess
News About Herbert Diess
Volkswagen’s CEO Is Stepping Down After Four Years on the Job
Herbert Diess is stepping down as CEO of Volkswagen after four years, a tenure marked by advances in electric vehicle development and labor strife.
Volkswagen Puts the Brakes on Porsche IPO as Tesla Market Cap Tops $1 Trillion
The potential Porsche listing was valued at over $100 billion.
