zzdcar
Home
/
Reviews
/
Culture
/
Volkswagen Might Spin Off Porsche: Report
Volkswagen Might Spin Off Porsche: Report-April 2024
2024-02-19 EST 22:12:27

Image for article titled Volkswagen Might Spin Off Porsche: Report

Pretty much every automaker at Tesla, what with its high-flying stock price and piles of free publicity and increasingly, . Volkswagen, I guess, is no different.

That’s at least , which says that Volkswagen is thinking about possibly listing its Porsche brand on the stock exchange, or maybe even spinning it off altogether. That would be one way to capitalize on the Porsche name and, at least for now, capitalize on the for automakers who seem like they have the slightest clue.

The usual anonymous people familiar with the situation are involved. From :

The world’s second-largest carmaker is speaking with advisers to study the merits of a potential initial public offering or spinoff of Porsche, the people said, asking not to be identified discussing confidential information. VW could use any proceeds from a listing for acquisitions or technology investments, according to the people.

[...]

A Porsche listing could take place next year, though no firm timetable has been decided, the people said. VW plans to keep a majority stake if it pursues an IPO of the business, according the people.

Deliberations are ongoing, and there’s no certainty they will lead to a transaction, the people said. A representative for VW declined to comment.

As a reminder, Volkswagen either owns or has majority stakes in Audi, Lamborghini, Bugatti, Bentley, SEAT, Skoda, Ducati and Scania, in addition to Porsche, which is a lot of marques. And it was probably a matter of time before VW began to wonder how it could put one of those to better use, with the stock market heating up for certain car stocks as fine an excuse as any — if this does go through.

VW’s CEO Herbert Diess certainly does seem curious.

“Despite all efforts, we’re currently in a rather more difficult situation than in 2018, when I took office,” Diess . “What really has changed — and what I hadn’t expected to this extent — is the view of capital markets on our industry.”

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Culture
Watch ABS Fail When MotorWeek Tests A 1997 Chevy S-10
Watch ABS Fail When MotorWeek Tests A 1997 Chevy S-10
MotorWeek’s is some of the on the internet. The long-running automotive news magazine has a treasure trove of tests after being on the air for over 40 years. Where else can you find detailed instrumented testing of long-forgotten cars like the or a ? MotorWeek’s recent Retro Review upload is...
Apr 26, 2025
2024 Kia EV9: What Do You Want To Know?
2024 Kia EV9: What Do You Want To Know?
At long last, we are about to get behind the wheel of for the first time. Sure, , and sure, , and sure , but hey — what can you do? Anyway, before we get behind the wheel of this three-row electric beast, we want to know what you...
Apr 26, 2025
I Entered My Lifted Miata In A Real Off-Road Race, Here's What Happened
I Entered My Lifted Miata In A Real Off-Road Race, Here's What Happened
I have two automotive loves: The first is the Miata, the second is off-road racing. For a while I raced air-cooled Volkswagens in the deserts of California and Nevada and I was lucky enough to co-drive in a class 11 stock bug in the Baja 1000 a few years...
Apr 26, 2025
Subaru Had It Right All Along
Subaru Had It Right All Along
When first came to the United States, it sold small funky cars that were decidedly un-American. As the company grew its own identity and became more established in the U.S., it became the first automaker to offer an all-wheel-drive passenger car in 1975. Subaru was also an early-adopter of...
Apr 26, 2025
Toyota Is Moving A Prewar 700-Ton Press Machine Halfway Around The World
Toyota Is Moving A Prewar 700-Ton Press Machine Halfway Around The World
closed its São Bernardo Plant in November 2023, marking the end of its first overseas production facility. The closure caps off a period of continuous car production in São Paolo, , lasting over 60 years. The plant was home to a Komatsu 700-ton press that predates itself. And now...
Apr 26, 2025
I Can't Get Enough Of This YouTuber Who Builds Tiny, Fully Functional Scale-Model Cars
I Can't Get Enough Of This YouTuber Who Builds Tiny, Fully Functional Scale-Model Cars
I love tiny, of . I have a that is roughly half the size of a normal cat, and she’s perfect. I own a 2013 , which is like the miniature version of a normal-sized vehicle (at least here in Texas) — but beyond that, I also own a Hot...
Apr 26, 2025
Copyright 2023-2025 - www.zzdcar.com All Rights Reserved