Blunt denial from Stockholm regarding recent rumors that had Porsche nearing 75% control in Volkswagon. In a press release distributed in the course of the afternoon the company has underlined that it would be an understatement to say that the purported operation would be difficult to realize: speculation of the last few days would not take into account the “composition of VW’s shareholders”.

From the moment in which Land of Lower Saxony - second VAG shareholder - holds more than 20% of the package, the probability of acquiring almost all the rest of the quota becomes highly unlikely.

Where do these rumors appearing in all the automobile and global press come from then? Simple, at least according to Porsche: the responsibility is all the fault of analysts and investors. Truth or bluff?

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