VW And Porsche Clear Merger Hitches

The final details of the merger between two of the biggest names in the German automotive industry - Volkswagen (VW) and Porsche - have been finalised. With combined global sales reaching nearly 6.4mn vehicles a year, the VW-Porsche merger, which may be named Auto Union, is poised to become the largest automotive group in the world. In fact, industry insiders are speculating that the acquisition could help VW realise its target of taking over existing market leader

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