The family owners of Porsche have pushed to restart stalled merger talks with Volkswagen.
The move came as thousands of workers at the debt-ridden sports car manufacturer gathered to protest against Ferdinand Piech, the Volkswagen chairman.
The feuding Porsche and Piech families are expected this week to discuss getting the derailed negotiations back on track, according to people familiar with the situation.
The move came after Volkswagen at the weekend suspended merger talks with Porsche. It said that Porsche’s management had hampered the talks by not being fully transparent about the sport carmaker’s financial situation.
Source: Autowired
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