Skip navigation
Newswire

Porsche says disadvantaged by VW law

HAMBURG, May 27 (Reuters) - Carmaker Porsche criticised a revised German law governing Volkswagen on Tuesday and said it felt clearly disadvantaged by it.

"We don't like the idea of a new VW law," a Porsche spokesman said.

Earlier on Tuesday, the German cabinet approved a revised law that would preserve Lower Saxony's blocking minority in Europe's largest carmaker.

(Reporting by Jan Schwartz; Writing by Noah Barkin)