BVTV: Stalling Porsche’s IPO

BVTV: Stalling Porsche’s IPO

Summary : Volkswagen’s decision to install the sports-car maker’s CEO as its new boss has tarnished its plans to separate the luxury marque. The offering could be a distraction at a time when automakers face a possible recession. The best option right now is a delay, says Neil Unmack.

Volkswagen’s decision to install the sports-car maker’s CEO as its new boss has tarnished its plans to separate the luxury marque. The offering could be a distraction at a time when automakers face a possible recession. The best option right now is a delay, says Neil Unmack.