Was thinking the same thing!!!

 

From what i know its all the same family and friends playing both sides of the fence. There is quite a few outstanding shareholder law suites that did not allow the entire absorption of Porsche Holdings under VW - thinking this is the next best thing they could do to bring the organizations closer in operations/manufacturing etc.

 

This can only serve to make servicing and maintaining aging Porsche's much easier in the future. Good move.

 

And hopefully the end of paying $300 for an oil change...

 

I've seen SO many of those Hilter spoofs and I gotta disagree with you. This one was probably the most pitiful I've seen. I actually didn't find a single thing amusing in it. They couldn't even make a good Stalin reference, like he'd buy a Boxter! Sad.

 

Porsche had to get into SUVs and sedans in order to survive. Perhaps they can now concentrate on sports cars again and leave the lead on the other vehicles to the other VW brands.

 

VW ownership wasn't such a bad thing for Bentley either.

 

I think the merger is a good thing for both parties.

 

This looks like it's going to solidify. I agree that it may be best for both parties. Only time will tell. Will be hanging on to my 997 though.

Volkswagen To Buy Remainder Of Porsche.
Bloomberg News (7/5, Thomas, Tschampa) reports, "Volkswagen AG agreed to buy the 50.1 percent stake in Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.6 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families." The agreement VW "can now fully fold the Porsche automaking business into its stable of brands, which range from Audi sedans to Ducati motorbikes. The two companies agreed to combine in 2009 after Stuttgart- based Porsche racked up more than 10 billion euros of debt in an unsuccessful attempt to take over Europe's largest carmaker."
******* The Wall Street Journal (7/5, Fuhrmans, Subscription Publication), BBC News (7/4), the UK's Financial Times (7/5, Bryant, Subscription Publication) and other media sources also cover the story.

 

That would be about time, so we don't have to endure these midget-like performance 'improvements' to the Boxster/Cayman, lest they cannibalize 911 sales.

Actually, I'm more interested in the Porsche vs VW takeover saga because didn't some Porsche major shareholder/executive commit suicide due to that company's failure to takeover VW a while back? Now it has come full circle w/ VW swallowing Porsche.