This is Money – It’s known for its racy sports cars, but Porsche is fast building a reputation for its even racier punts on the shares of Volkswagen.
The German producer of the 911 and Boxster cars yesterday revealed it made an astonishing £6.33bn windfall gain from its investment in VW stock in the first half.
Porsche has been building up a stake in VW since 2005, and now owns 50.8% of Europe’s biggest auto group.
