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Fri, May 08, 2009 - Page 10 News List

Porsche, Volkswagen agree to merger

UBER AUTOMAKER Porsche already holds a majority stake in Volkswagen and had sought to take it over. The independence of all of the firms’ brands is ensured

AFP , BERLIN

Ferdinand Porsche set up his own company, in the southern city of Stuttgart, when Volkswagen was taken over by the Allies after the war and nationalized.

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