Volkswagen's earnings were affected by mounting challenges posed by higher US tariffs and the scrapping of a shift to electric vehicles by its luxury Porsche brand.
On top of that, lower saxony (where VW resides) has a law that effectively gives the country blocking minority rights, so those 53 percent don’t give Porsche the ability to actually control the company.
On top of that, lower saxony (where VW resides) has a law that effectively gives the country blocking minority rights, so those 53 percent don’t give Porsche the ability to actually control the company.