Porsche, VW labour agree on joint representation

Newswire

STUTTGART, Germany, Feb 27 (Reuters) - Labour leaders at German carmakers Porsche and Volkswagen have reached an agreement over their representation at the European holding company of Porsche. The agreement would take effect should Porsche Automobil Holding SE increase its 31 percent voting stake in Volkswagen to majority control, Porsche's works council said on Wednesday. Industry and market observers as well as the media widely expect Porsche Chief Executive Wendelin Wiedeking to gain ...

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