Jalopnik reports: EU Court Set to Allow Porsche Purchase of VW.
We're trying to figure out why Porsche would buy up the rest of VW (that is, if they decide to do so). PorscheW won't likely make the Scirocco a really fast car to compete with the Boxster/Cayman and VW's already been burned at the high-end with the Phaeton. Is Porsche going to enter the sedan market maybe? Or go lower-end with a Porsche branded Scirocco?
Anyone have any guesses?
Hey New Porsche here:
http://www.autox.ch/
:-)
Posted by: ilicarx | Wednesday, December 30, 2009 at 02:08 AM
VW < Porsche for sure
Posted by: Mashed Car Salvage | Saturday, October 24, 2009 at 08:44 AM
Nice post man.
Posted by: dragdreams | Friday, May 15, 2009 at 05:34 AM
VW builds the chassis for both the Cayenne and Panamera. When the law projecting VW from anyone group owning it was repealed, it was relatively undervalued. A large equity firm could swoop in an buy controlling share of it and cut-off or hamper Porsche's supply of chassis for its most profitable marque.
Porsche is also the most profitable car maker in the world currently. (They sell every car for what they ask, why wouldn't they be?) So they are sitting on enough cash to be called a butt-load of cash. They are probably looking to move some of that cash into assets.
Posted by: Mulsanne | Tuesday, October 23, 2007 at 05:34 PM