Porsche SE, Volkswagen's Major Shareholder, Plans to Broaden Investment Portfolio

Investments Foreign Trips

Posted by NewAdmin on 2025-03-26 09:43:01 |

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Porsche SE, the largest shareholder of Volkswagen, announced plans to expand its investments and diversify its portfolio after reporting a €20 billion loss in net results, largely due to impairments on its stake in Europe's leading carmaker.

"We are constantly exploring promising investment opportunities, both within our existing portfolio and for potential new core investments," said Lutz Meschke, a member of the board responsible for investment management and former CFO of Porsche AG. "We also have the financial capacity to pursue larger investments." The holding company, controlled by the Porsche and Piech families, emphasized that the ongoing cost-cutting programs at Volkswagen and Porsche have substantial potential to improve profitability, but stressed that the companies must focus on "rigorous implementation." 

Earlier in March, German tabloid Bild reported that the Porsche and Piech families were considering selling off shares in Volkswagen to release capital for other investments. However, Porsche SE later stated that there were no concrete plans to pursue such a move.

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