--Volkswagen Chief Executive Officer Herbert Diess told Frankfurter Allgemeine Zeitung in an interview that a listing of the Porsche subsidiary wasn't a high priority at the moment.

--Even if only part of the sports-car maker was listed publicly, Volkswagen would lose some of the high cashflows that Porsche generated for the group and that is useful for its current transformation, he said, according to the German newspaper.

--Earlier this year, it was reported that the car maker was considering listing as much as 25% of Porsche.

Full story: Frankfurter Allgemeine Zeitung

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(END) Dow Jones Newswires

March 26, 2021 14:06 ET (18:06 GMT)

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