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| Rumors and Insights Discussion of prototypes, upcoming models, VW rumors, etc. If you've got the dish, pass the peas! |
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10-23-2007, 11:31 AM
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Porsche to buy VW
An EU court have decided that a German law to restricts share holders in VW to only vote for a maximum of 20% of total shares have been found "illegal". After this finding, Porsche are now interested in increasing its ownership of VW from 31% to over 50%.
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1998 Red New Beetle 2.0 Automatic 
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10-23-2007, 03:44 PM
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http://www.nytimes.com/2007/10/23/bu...hp&oref=slogin
Here's one for ya. I'm not sure what I think about it...hopefully Porsche will make some good decisions on VW...but with it being a luxury car brand, will they bring up VW closer to that? Hopefully not...
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The Baby: Darla, 102k, '99 New Beetle GL 5-speed. Bone stock. Acquired 4/6/05. Gave her life for me 8/17/11. RIP  The Project: Klaus, 180k+, '84 Jetta GL Turbo Diesel. Rebuilt and bringing 50+ mpg. Slightly improved from stock  Acquired 7/12/08The Baby Brother: Günther, 20th Anniversary Edition GTI  The money saver:2001 Jetta TDI GL. 114k. Dead auto, swapped to 3 pedals. Hubby's DD and our trip car
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10-23-2007, 03:50 PM
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I would think it would benefit a luxury brand to NOT create overlap w/their subsidiary. Then again, look at the Phaeton and wonder why it's not an Audi.
Maybe Porsche can correct the screw up. ;p
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10-23-2007, 10:24 PM
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Could be interesting.
And since Porsche keeps the 911/Carerra lines going, maybe we can keep the New Beetle alive! 
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I'm J-Dawg, flyin' down the road in Paul McCARtney, the only Beetle in wings! Mi Bacca es Chewbacca!   I'm one of those people. Whatever that means.
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