Frank Schwope

Frank Schwope has been quoted 5 times. The two most recent articles where Frank Schwope has been quoted are Audi, Porsche Help VW Limit Damage From Emissions Scandal and Volkswagen takes $18 billion hit over emissions scandal. Most recently, Frank Schwope was quoted as having said, “The numbers are better than expected, people are taking profit on the positive news.”.

Frank Schwope quotes

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They are partly down to the spending reduction measures already achieved, also because it has a strong model line up, and as customers seem able to forgive the mistakes, and have not punished the company for those deceptions.

The numbers are better than expected, people are taking profit on the positive news.

I'd assume Porsche, by now, has more than 31% of the shares. Porsche had to declare that 31% and I believe that currently, they have between 31% and 50%, and on top of that, have taken options so they could quickly go over 50%.

The cost cuts, the cutting of up to 20,000 jobs from the time of Pischetsrieder has brought positive results, but Winterkorn changed the mood: it is much more optimistic today.

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