Porsche likely to buy VW this month
10-15-07, 07:08 PM
#16
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V-dub in da haus.....
I don't think its a bad move on Porsche's part to obtain the largest German car manufacturer. Since it also owns Audi and Lamborghini, it would benefit from such technology. The family sedans are where the money are and Porsche realizes that. Whether or not they can boost up VW, I have no idea. But if they are able to survive through all their hardships from the past I'm sure they'll manage.
I don't think its a bad move on Porsche's part to obtain the largest German car manufacturer. Since it also owns Audi and Lamborghini, it would benefit from such technology. The family sedans are where the money are and Porsche realizes that. Whether or not they can boost up VW, I have no idea. But if they are able to survive through all their hardships from the past I'm sure they'll manage.
10-16-07, 06:16 AM
#19
Lotus' majority holding share is Proton. Not VW.
Porsche is actually one of the highest yielding car companies, they make the most profit off of each car they sell than any other company. So they probably have a ton of money. They don't seem that crazy about independence, they have the Cayenne which is a group effort chassis from VW, Porsche, Audi and Volvo. There has been talk about using Toyota's hybrid synergy drive in their Cayenne as well. I'm pretty sure their DSG is the same one bought from Borg-Warner as VW's.
Are they saying Porsche will own VW AG or VW? There's a difference. VW AG is the ToMoCo of VW. VW AG consists of Lambo, VW, Audi, Bentley, Bugatti and Seat.
Didn't think Porsche had the kind of money to buy VW....a much larger firm. Porsche, at least among mainstream auto manufacturers, is one of the smallest ones in the buisness......they are not Toyota or GM by any means. And what is even more strange is that Porsche has always wanted to be independent and not tied down to or allied with any other auto firm, though there are loose ties to VW and Audi. Porsche prides itself on that independence.
Are they saying Porsche will own VW AG or VW? There's a difference. VW AG is the ToMoCo of VW. VW AG consists of Lambo, VW, Audi, Bentley, Bugatti and Seat.
10-17-07, 01:27 PM
#22
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10-17-07, 02:32 PM
#23
Lexus Fanatic
Exactly. I have said for years that most of their vehicles were substantially overpriced, but apparantly the market for them....and the big bank acounts of many of their buyers....... allow that kind of pricing.
10-17-07, 04:30 PM
#24
Moderator
10-17-07, 04:57 PM
#25
Lexus Fanatic
Yes, but 20 percent of a huge company like VW is still a LOT of money..........and you aren't going to get that kind of cash by just shaking out a piggy bank or begging on a street corner. Remember that, worldwide, VW is a far bigger and more popular company than it is in the U.S.
10-17-07, 05:16 PM
#26
10-17-07, 07:30 PM
#28
Lexus Fanatic
Probably what he did when the Cayenne was introduced....do a 180 in his coffin.
Last edited by mmarshall; 10-17-07 at 07:35 PM.
10-17-07, 08:08 PM
#29
Moderator
Yes, but 20 percent of a huge company like VW is still a LOT of money..........and you aren't going to get that kind of cash by just shaking out a piggy bank or begging on a street corner. Remember that, worldwide, VW is a far bigger and more popular company than it is in the U.S.
Last edited by Trexus; 10-29-07 at 07:06 PM.
