CHRONOLOGY-Porsche tightens generation-old bond with VW

Newswire

FRANKFURT, March 24 (Reuters) - Volkwagen and Porsche have been closely bound for more than a generation. Volkswagen's first boss was Porsche founder Ferdinand Porsche. His grandson, Ferdinand Piech, who managed Volkswagen, is now the group's chairman -- and his extended family still controls sports car maker Porsche. 1931 - Ferdinand Porsche opens a design office, sowing the seeds for a business that will later become Porsche. 1938 - Porsche, who designed the first VW Beetle for Adolf ...

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