Automakers

Porsche family seeks redemption with IPO after tearful defeat

Porsche showroom
(BLOOMBERG)
B
By:
Bloomberg
September 07, 2022 08:38 AM

More than a decade after the billionaire Porsche clan waved goodbye to their crown jewel, the family is set to claw back more direct influence over the sports-car maker as parent Volkswagen Group pushes ahead with one of Europe’s biggest initial public offerings.

Staying current is easy with newsletters delivered straight to your inbox.