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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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07-22-2009, 01:40 AM
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VW to buy Porsche
Apparently it's all but a done deal.
VW to pay $11.28 billion for all of Porsche: report | U.S. | Reuters
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The answer is blowin' in the wind....thanks to PP&M 
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07-22-2009, 02:41 AM
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I'm confused. Doesn't Porsche own 51% of VW?
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1998 Red New Beetle 2.0 Automatic
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07-22-2009, 01:03 PM
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confuses me too. But the first sentance is interesting "to buy its sports car business Porsche AG" ... what OTHER businesses does Porsche run?
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07-22-2009, 02:40 PM
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Quote:
I don't know all the details, but VW has been trying to buy Porsche...and Porsche has been trying to buy VW for a long time.
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2000 New Beetle GLS TDI 5 speed swap w/SBC Stg 3 clutch and Dieselgeek short shifter, RC3, PP520's, Eurojet SMIC, 3 bar map, Dieselgeek skidplate, 2" lift w/VR6 springs, 2.5" turbo-back straight pipe "weedburner" side exhaust, air horn, ABD Cup front bumper, HID retrofit, LED tails, Bernt Pod w/McNally gauges. WISH LIST: VNT 17/22 hybrid turbo, RC5 and other silly stuff.
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07-24-2009, 12:45 AM
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The deal looks pretty final. Interestingly the Chattanooga newspaper is already covering VW-related news.
Chattanooga Times Free Press | VW says it plans merger with Porsche
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07-24-2009, 02:19 AM
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Porsche owns: Porsche and a controlling interest in VW.
VW wholly owns: VW, Audi, Bentley, Bugatti, Lamborghini, SEAT, and Skoda. And so now I guess VW will reach back and buyout Porsche. Hmmmm......there is something incestuous about that. 
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07-24-2009, 02:43 AM
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Cool, can we get a Beetle GT now?
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'99 Techno Blue
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07-24-2009, 02:59 AM
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News: Porsche is about to face bankruptcy! - FinalGear.com Forums
heres some background from another forum I'm on. Hopefuly this doesn't end badly.
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07-24-2009, 04:10 AM
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man this is so scary. we were on our way to get a late night snack and i mentioned something about porsche and vw's relations. ha!
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'01. gls. 2.0. uni-red. "picture me rollin'..." 
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07-24-2009, 05:36 AM
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Porsche also has an engineering firm, remember.
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Currently: 1995 Mercedes E320; 2004 Porsche 986 Boxster Previously: Phahom, 2005 Beetle 1.8T; Milen, 2000 Beetle 2.0L; Daku, 2007 GTI 2.0T; Mateka, 2003 Beetle TDI
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