Porsche SE expects results in reducing Volkswagen complexity, CEO says
26/03/2026 09:48
BERLIN, March 26 (Reuters) - Volkswagen's VOWG_p.DE top investor, Porsche SE PSHG_p.DE, expects the German auto group to reduce complexity, with divestments possible in various areas, the holding group's CEO said on Thursday. Volkswagen has developed a large number of subsidiaries over time, Porsche SE CEO Hans Dieter Poetsch said, adding: "In a number of cases one can certainly ask whether this will truly contribute to the actual core business in the future." "Processes are underway in various areas to agree on potential divestitures. In that regard, I think the issue will certainly continue to develop over the course of the year," Poetsch said. (Reporting by Rachel More and Ilona Wissenbach Editing by Madeline Chambers) ((rachel.more@thomsonreuters.com;))