![]() ![]() In September last year, Volkswagen defied volatile equity capital markets with its initial public offering (IPO) of sports car brand Porsche at a valuation of 75 billion euros ($72 billion) in Germany's second-biggest market debut. Is The Volkswagen Hover Car Concept Fake Or Real There is no doubt that the VW floating car is an original concept. Wolfgang Porsche's desired successor is his 62-year old nephew Ferdinand Oliver Porsche, but a formal decision has not been made by the family. Automated Hover vehicles may sound a little out there but a number of companies such as Lexus and Toyota who are expanding their Autonomous R&D units by reaching out to the earlier works such as. In addition to this board role, Porsche is the chairman of the supervisory board of Porsche AG (P911_p.DE) and Porsche SE and a member of the supervisory board at Audi. ![]() Wolfgang Porsche, grandson of company founder Ferdinand Porsche, will mark his 80th birthday on the day of the AGM, which he plans to attend, the report said. The Hover Car is one of three top concepts that Volkswagen procured through the crowd-sourced 'Peoples Car Project' (PCP). ![]() "After that, younger people have to do it," he told the publication. FRANKFURT, May 1 (Reuters) - Volkswagen (VOWG_p.DE) co-owner Wolfgang Porsche will stand for one more term on the German car manufacturer's supervisory board, according to trade publication Automobilwoche.Īt Volkswagen's annual general meeting on May 10, Porsche wants to be re-elected for five years. ![]()
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