VW to Close Deal on all of Porsche
http://online.wsj.com/article/SB1000...YWORDS=porsche
Hadn't thought of it that way, but I guess it makes sense.
In the future, I could see Porsche including a four cylinder option available in certain models - Porsche has increasingly diversified their market as competition increased throughout the years.
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VeeDub Buys Porsche
Guys,
F. Peich and VW have been wanting to buy Porsche for years, but Porsche was too expensive.
After credit backed debacle, when Porsche tried to take over VW, Porsche became affordable again.....was actually bankrupt for one day - they even took money from the Arabs which they said they would never do.
The Germans and VW are fairly conservative and probably would not announce publically an intent to buy PAG unless they meant it.
Another article: http://www.businessweek.com/news/201...mbination.html
Interesting to see how it plays out.
F. Peich and VW have been wanting to buy Porsche for years, but Porsche was too expensive.
After credit backed debacle, when Porsche tried to take over VW, Porsche became affordable again.....was actually bankrupt for one day - they even took money from the Arabs which they said they would never do.
The Germans and VW are fairly conservative and probably would not announce publically an intent to buy PAG unless they meant it.
Another article: http://www.businessweek.com/news/201...mbination.html
Interesting to see how it plays out.
Last edited by unclejosh; Jan 11, 2012 at 04:49 AM.
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