VW Group sticks to Porsche IPO plans despite stock market rout

vw-group-sticks-to-porsche-ipo-plans-despite-stock-market-rout

2022 Porsche 911 GT3 with Manthey Performance KitVolkswagen Group in February announced it was considering spinning off Porsche to help raise funds for investment in the key areas of electric vehicles, self-driving technology, and software development. A lot has changed since then. There’s the ongoing war in Ukraine, worldwide political strife, raging inflation, rising interest rates, an energy…