Archive for February 14th, 2007

When will Lower Saxony sell its VW shares?

0 Comments Published by February 14th, 2007 in Automotive Industry, Predictions

Lower Saxony, a federal state in the north of Germany, is VW’s second-largest shareholder after Porsche. Due to the so called “Volkswagen law” the state is in a very comfortable position to control the company. The law came into force on 21st March 1960, when the former Volkswagen GmbH was privatised and converted into a [...]