Results for sportscar: 11

* Carmakers' boards approve integration steps * VW to get stake in Porsche AG sports car business * Goal is creating German automotive juggernaut * VW shares close flat, Porsche up 1.6 pct before news...

Chinese automaker FAW is set to help finance luxury sportscar maker Koenigsegg's planned purchase of Saab Automobile GM.UL, a Swedish newspaper reported Wednesday without disclosing its sources. FAW would provide the last part of the financing needed for the deal, daily Dagens Nyheter said. It di...

China's largest automaker SAIC Motor group may take a passive stake in Saab Automobile by teaming with luxury sportscar maker Koenigsegg, a source with knowledge of the situation said Tuesday. SAIC, a General Motors' China partner, is interested in buying into the US automaker's Swedish unit, but...

FRANKFURT, July 23 - Volkswagen chairman Ferdinand Piech tightened his grip over Porsche on Thursday after the sportscar maker's chief executive was ousted following a power struggle to keep Porsche independent. Porsche's board, of which...

July 23 - The board of sportscar maker Porsche conceded a power struggle with mass-market rival Volkswagen on Thursday, by axing its CEO and planning to raise funds to prepare for their merger. Below is...

July 23 - Sportscar maker Porsche is entering the final stretch of negotiations to create a combined auto group with mass-market rival Volkswagen, having sacked its chief executive and announced plans to raise capital. Below...

FRANKFURT, July 23 - Volkswagen chairman Ferdinand Piech once said of Wendelin Wiedeking that the one thing the chief executive of sportscar maker Porsche lacked was a real failure. Not any more. Wiedeking was forced...

June 16 - Swedish sportscar maker Koenigsegg and General Motors struck a preliminary deal for the niche firm to take over loss-making carmaker Saab Automobile after two decades of U.S. ownership. Following are some key...

June 16 - Swedish sportscar maker Koenigsegg and General Motors have struck a preliminary deal for the niche firm to take over loss-making carmaker Saab Automobile after two decades of U.S. ownership, it was announced...

Automobili Lamborghini Holding SpA, an iconic sportscar maker based in Italy, expects China to overtake Italy as its second-largest market behind the U.S. within three to five years, Reuters reported on Wednesday, citing the group's CEO, Stephan Winkelman, as saying....