Automaker Porsche said Sunday it had boosted its stake in Volkswagen AG to 42.6 percent as part of its goal to take a majority hold in Europe’s biggest car maker before the end of the year. Porsche Automobile Holding SE was already Volkswagen’s biggest shareholder, with just over 35 percent, and said this month that its stake had increased, without giving an exact figure. Porsche said it wanted to announce its holding now, given the ongoing turbulence on financial markets. It also said it held an additional 31.5 percent in cash-settled options, that would give it indirect control of 74.1 percent of VW shares. Via detnews.com