Currently reading: Volkswagen Group agrees framework for Porsche flotation

Potential IPO for sports car manufacturer would raise funds for VW Group's electrification plans

The VW Group is pushing ahead with plans to list Porsche on the stock market, with both companies' boards of management agreeing on a framework for the process.

A final decision remains subject to "several different parameters as well as general market conditions", but the parent company said the sports car brand's flotation would be an important factor in the VW Group's transition to "a vertically integrated mobility group and leading provider of software-based and emission-free mobility".

Join the debate

Comments
2
Add a comment…
JuneRhea 22 February 2022

Make 6,000 dollar to 8,000 dollar A Month Online With No Prior Experience Or Skills Required. lpg Be Your Own Boss And Choose Your Own Work Hours...Thanks A lot Here:__________M­­­o­­­n­­­e­­­y­­­s­­­t­­­a­­­r­­­1.c­­­o­­­m

Peter Cavellini 22 February 2022

That's a lot of billions, surely Car makers don't need all that money?, there's only so many way to travel by Road, a lot of that money could do good things for more pressing things happening to this Planet, I'm sure investors are well off enough, after all, it's just Transport, not essential to life.