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Volkswagen board hasn't discussed asset sales: Porsche SE Chairman in Spiegel

Reuters  |  FRANKFURT 

FRANKFURT (Reuters) - Volkswagen's supervisory board has not discussed the sale of parts of the carmaker's business so far, board member Wolfgang Porsche told German magazine Der Spiegel, adding he saw no need to do so at the moment."I do not see any necessity to divest parts of the group," the magazine quoted Porsche as saying in an article released on Tuesday.Volkswagen Chief Executive Matthias Mueller last week was quoted by The Wall Street Journal as saying he was actively working on deals to sell non-core assets that could account for as much as 20 percent of its annual revenues. "That ...

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First Published: Tue, September 12 2017. 18:52 IST