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Wednesday, January 26, 2011

Porsche says VW merger on 'right track'

Porsche's (PSHG_p.DE) planned merger with Volkswagen (VOWG_p.DE) is on "the right track", a senior Porsche family member said on Wednesday. Wolfgang Porsche, chairman of Porsche's supervisory board, made the remarks on the sidelines of an event in the Qatari capital. "We are improving. We're on the right track," he said.

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