Pursuits

VW Chairman Piech Signals End to Carmaker’s Buying Spree

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Volkswagen AG Chairman Ferdinand Piech signaled the carmaker’s ambitions to make further acquisitions may have come to an end following setbacks to a planned merger with Porsche SE and a partnership with Suzuki Motor Corp. in the past week.

“We’re big enough,” Piech said at a VW event in Frankfurt on the eve of the International Motor Show when asked if the carmaker was looking at buying other brands.