Porsche fiscal year profit up 70 percent, will boost VW stake

FRANKFURT (Reuters) -- Porsche plans to raise its stake in Volkswagen to just below 30 percent, it said today after posting a 70 percent rise in pretax profit in the fiscal year to end-July. Porsche said it now owns 27.

Link To Original Article (http://www.autonews.com/apps/pbcs.dll/article?AID=/20061115/REUTERS/61115016/1003/rss01&rssfeed=rss01)