Porsche SE Picks PWC as New Auditor, Ends Ernst & Young Mandate

The decision was made last year following a review to identify “the best suited” auditor for Porsche Automobil Holding SE and has “nothing to do” with EY’s role in the Wirecard affair, supervisory board member Ulrich Lehner said at the annual general meeting.

• Porsche SE sees potential at Volkswagen AG to increase the automaker’s value, but there are “currently no concrete plans” to lift its 53.3% voting stake further: Porsche SE investment chief Lutz Meschke
• Co. still expects to generate a positive full-year result in 2020, says impossible to provide more detailed earnings outlook
• NOTE: on Sept. 30, Volkswagen CEO ...