The figures are evidence of the decline: the entire Volkswagen group is worth around 63 billion euros on the stock exchange, while Porsche AG is worth 95 billion euros. Much more enlightening: If you subtract the approximately 75 percent of the shares that Volkswagen holds in Porsche, the stock market value of the car colossus from Wolfsburg slips into the negative in purely mathematical terms.
So the situation in the Volkswagen Group is alarming, despite millions of cars being sold. In this precarious situation, the owner families Porsche and Piëch are now starting a historically unique operation, as manager magazin car expert Michael Freitag has researched: the quiet takeover of the Volkswagen Group by the successful Porsche company.
Exactly how this takeover works, why top manager Oliver Blume (55) is the key figure and what needs to happen now so that Volkswagen’s restructuring has a chance – Michael Freitag informs about this in this podcast in an interview with editor-in-chief Sven Clausen.
In the “Das Thema” podcast, editor-in-chief Sven Clausen provides information every week about the internal research status on a topic that is decisive for the German economy. You can watch the podcast via manager magazin as well as on Spotify
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