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durn for'ner
 
livi's Avatar
 
Join Date: Feb 2005
Location: South of Sweden
Posts: 17,090
Wiedeking´s last cigarr at the Porsche wheel.

He has done a brave and talented job in the drivers seat and God knows he got a healthy pay check for it. He probably will afford to drive a Porsche in the future too.

http://www.thelocal.de/money/20090723-20775.html

http://www.oneighturbo.com/2009/07/23/profile-porsches-wendelin-wiedeking/

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Markus
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Old 07-27-2009, 11:51 PM
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a.k.a. G-man
 
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Join Date: Sep 2003
Posts: 13,614
Kinda makes me sad to see Porsche go into the VW wallet...

Would have been nice to see it the other way... Damn you, crisis!
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Old 07-28-2009, 12:30 AM
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Band.
 
Join Date: Dec 2003
Location: Denver, CO
Posts: 13,328
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I wish I could make 50 million euros for bankrupting my company.
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Old 07-28-2009, 05:18 AM
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Join Date: May 2006
Location: Oakville, Canada
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I'd do it for half that.

Interesting to see what the future brings for Porsche now that they are a VW brand. I'd argue that VW ownership has been great for Lamborghini, so hopefully things improve at Porsche, as well.

I have been disheartened by Porsche's foray into obese trucks and ugly sedans, and I wonder what VW will do with that. Cayenne is too big a money spinner, but the Panamera has to lose money, doesn't it? I'm curious what VW will do with regards to the product overlap with Audi, since the 911/R8, Panamera/A8, and Cayenne/Q7 are all competitors.
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Old 07-28-2009, 06:00 AM
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Join Date: Dec 2007
Location: Santa Cruz, CA
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Much of the impetus behind the Cayenne and the Panamera are the Eastern European and China markets. VAG is already a big player there and the product portfolios will fit well together -- the Q8 will go, the Panamera and A8 will merge. It actually makes sense, all already distributed by Piech-owned Porsche Salzburg. Weideking is being forced to donate most of his Golden Handshake to charity; he still managed to loot the company pretty comprehensively.

Old 07-28-2009, 08:49 AM
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