Porsche's holding firm expects impairments related to Volkswagen to be $21.56 billion-February 2024-www.financetom.com

Porsche's holding firm expects impairments related to Volkswagen to be $21.56 billion

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Porsche's holding firm expects impairments related to Volkswagen to be $21.56 billion

Mar 7, 2025 10:26 AM

March 7 (Reuters) - Porsche SE, the holding

firm of the carmaker, said on Friday it expects writedowns

related to Volkswagen to be 19.9 billion euros

($21.56 billion).

Porsche SE is Volkswagen's top shareholder.

($1 = 0.9228 euros)

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