Porsche says doesn't plan to break up Volkswagen

Newswire

HAMBURG, April 24 (Reuters) - Porsche , the largest shareholder in Volkswagen , does not plan to break up Europe's biggest carmaker and sell or spin off its nine different brands, Porsche said on Thursday. "There will not be any splitting up of individual brands with Porsche as large shareholder. We neither plan to spin off Audi and list it on the stock exchange nor does Porsche demand, for example, to sell Seat," said Porsche's chief legal adviser, Konrad Wartenberg. Speaking at VW's ...

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