Business News- Porsche Reports billions in losses- Web report

http://financial.online-romania.com/2009/11/25/porsche-is-moving-to-a-new-annual-loss-of-several-billion/

Porsche is responding to a new loss of billions of euros, in the financial year up to July 2010, because of the impact had failed attempting to take over the Volkswagen group (VW) on its financial situation, said Reuters. The increase coincided with the collapse of debt Porsche auto market and the company was forced to abandon the takeover VW and in turn to accept a merger with the group. The first step …

Porsche Reports Full-Year Loss, Predicts Tough Months: Video

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