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Billionaire Porsche clans thirst for cash collides with Volkswagens woes

Europe's most powerful automotive dynasty faces mounting financial strains as Volkswagen's performance deteriorates. Hans Michel Pich, who borrowed heavily to acquire family shares, may feel pressure to maintain loan payments if dividends decline. The clan's reliance on steady payouts threatens to hinder necessary changes for the sprawling auto empire's competitiveness.

11 Dec 2025 11:19 am