Ferdinand Dudenhoeffer

VW-Porche prospective merger talks come to standstill

Porsche, Volkswagen

Two weeks after Europe's largest automaker Volkswagen AG and its smaller counterpart Porsche SE initiated negotiations regarding a prospective merger, the talks have come to a standstill. Volkswagen (VW) said that Porsche, its main shareholder, was "not ready" for the tie-up.