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Volkswagen Buys Porsche for $5.6 Billion

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Old Jul 5, 2012 | 11:19 AM
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Volkswagen Buys Porsche for $5.6 Billion
Read about it here: Volkswagen Buys Porsche for $5.6 Billion

The plan to move will be finalized in August, but it's official. They'll buy the remaining 50.1% of Porsche that they don't already own, then. What does this mean for Porsche?
 
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Old Jul 5, 2012 | 03:52 PM
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To pay $2 billion debt. Economy hurts...everywhere.
 
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Old Jul 7, 2012 | 11:43 AM
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Porsche got too greedy with their success, I remember thinking wtf when reports came out they were trying to purchase majority stake in VW
 
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Old Jul 7, 2012 | 11:53 AM
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And to avoid paying 2 billion dollars taxes to the German government. I am sure that will result in lower prices for the cars and the spare parts.
 
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Old Jul 7, 2012 | 03:46 PM
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Originally Posted by hroussard
And to avoid paying 2 billion dollars taxes to the German government. I am sure that will result in lower prices for the cars and the spare parts.
Oh, yeah now I get it!
 
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Old Jul 11, 2012 | 10:55 AM
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get ready for platform sharing!

The new sub boxster level car is already rumored to be taken off the current golf/gti/beetle platform.
 
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Old Jul 24, 2012 | 06:57 PM
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Great Idea!
You said it! A beetle AIR-COOLED for us old air cooled enthusiasts. Make it a combination of the oval and the 356. Oh, man. What fun!
 
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Old Apr 13, 2014 | 02:34 PM
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How does this fit/mesh with the fact that Porsche Holding SE (the Porsche family holding company) holds 50.7% of the Volkswagen AG ordinary shares with voting rights?
 
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Old Sep 23, 2014 | 10:50 AM
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VW Group also includes Bentley. And soon will integrate MAN. So, it is possible that in two years VW will be the largest automaker in the World.
 
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