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Registered
Join Date: Jan 2005
Location: Minneapolis
Posts: 7,482
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Porsche AG CEO and CFO quit
http://www.nytimes.com/2009/07/24/business/global/24porsche.html?_r=1&dbk
Wiedeking walks away with a $71 million dollar severance package. And we thought the US automakers were screwed up |
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07-23-2009, 05:48 AM
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Registered
Join Date: Jul 2002
Location: Ogden, Utah
Posts: 942
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This is pretty big stuff. It appears the game was revered and now Porsche will be owned by VW.
I doubt this will do much to change or modify the Panamerica, but I think we might start to see some changes in the 6th model line? Also if VW owns Porsche, does it need to keep Lambrogini, and Bently?
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Wrap me up in my old flying jacket, And give me a joystick to hold, to hold, And I'll soar once again o'er the trenches And thus shall my exploits be told. |
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07-23-2009, 06:03 AM
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Banned
Join Date: Jan 2007
Posts: 8,509
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It's really a sad and disgusting state of affairs but thank goodness he's gone.
Unfortunately so is Porsche's independence. It will be amusing to see Panorama's spin on this. |
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07-23-2009, 07:41 AM
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At the track = great day
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Must be nice to be able to make a company soar to new heights and then make it crash to the ground and walk away with $71 million.
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Lane 2011 Volkswagen Jetta SportWagen TDI Looking for another sports car.. |
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07-23-2009, 08:18 AM
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Custom User Title
Join Date: Nov 2003
Location: Barrie, Ontario Canada
Posts: 2,954
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are they accepting resumes?
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07-23-2009, 01:25 PM
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The track car
The daily driver
