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Carmaker Volkswagen finalizes Porsche takeover
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05 Jul 2012, 01:37 PM IST 
IMF managing director Christine Lagarde gives a speech at a special forum preceding in Tokyo.
German carmaker Volkswagen says it is on track to finalize the full takeover of sports car manufacturer Porsche by the end of the month.Volkswagen AG said in a statement late Wednesday Porsche AG will become another fully integrated brand of the Volkswagen group as of August 1.The Wolfsburg-based group, Europe's biggest carmaker, includes brands such as Audi, Volkswagen, Seat, Bugatti, Bentley and truck makers MAN and Scania.The deal...
