PORSCHE AUTOMOBIL HOLDING SE STUTTGART, Germany (Reuters) - Volkswagen's (>> Volkswagen AG) majority stakeholder Porsche SE (>> Porsche Automobil Holding SE) said it has no plans to sue the carmaker for damages over the diesel emissions scandal.
Porsche, owner of 52 percent of Volkswagen's (VW) voting rights, will not claim for damages because an investigation by Braunschweig prosecutors against former VW Chief Executive Martin Winterkorn has not uncovered evidence of misconduct on behalf of the former top executive, Porsche SE compliance chief Manfred Doess said at the holding company's shareholder meeting on Wednesday.
(Reporting by Ilona Wissenbach; Writing by Andreas Cremer; Editing by Harro ten Wolde)
Stocks treated in this article : Volkswagen AG, Porsche Automobil Holding SE
