BERLIN -- Volkswagen Group investors polled by Bernstein Research were split on whether an IPO of the group's Porsche brand should go ahead after a leadership change at the helm of the automaker, results showed on Tuesday.
In the poll of 58 investors conducted, 42 percent were in favor of a listing of Porsche and 41 percent against.
Nearly three quarters of investors polled viewed incoming CEO Oliver Blume's dual role leading VW Group and the Porsche brand as negative for the prospects of the listing.
Multiple investors highlighted that Porsche's planned listing was pegged as a means to secure more independence and freedom for the sports-car brand.