Tag Archives: Automotive News

Porsche requests loan from Germany’s state bank

By Admin | Published: July 1, 2009
Porsche has to be doing something wrong, they are one automaker that is profitable and have a huge stake in Volkswagen. The most puzzling thing is, cash is in short supply for the German company and have approached Germany’s state bank for a loan of maker’s 1.75 billion euro ($2.45 billion USD), but the request [...]
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