Porsche's Wiedeking to join Audi board in May

Ffm - Porsche AG chief executive Wendeling Wiedeking and CFO Holger Harter is going to join Audi board in May, While Volkswagen's chairman Ferdinand Piech is also going to join the board. Porsche currently hold 31% in Volkswagen and denied reports last week that it wants to raise its stake to 75%.