porsche agrees, in principle, to merger with VW

[RWebb]

not exactly - VW is older than Porsche KG

maybe you have mixed it up with the Ferd Porsche design firm somehow...

[svandamme]

off course VW is older then PAG, that's exactly what i just said. I'm talking about the person, Ferdinand Porsche, the dude who designed the rear wheel drive, rear mounted , aircooled VW, just like the rear wheel drive, rear mounted aircooled Porsche 356 and 911.
The line goes back from 911, to 356 to VW
You can't talk about the history of Porsche AG, without passing the point where Hitler told Ferdinand Porsche to design the Volkswagen, just like you can't not discuss that same point when talking about the history of the company called VW.Hence their origin is one and the same.