VW now owns all of Porsche

[TRE Cup]

Volkswagen AG agreed to buy the 50.1 percent stake in the Porsche SE automotive business that it doesn't already own for 4.46 billion euros ($5.6 billion). ...
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[tchanson]

2008:






2012:




"I wonder whatever became of that little man and his finger?....."



Tim

[Flieger]

I say welcome to our new Piech overlord.

He gave us these:

[Jack Olsen]

Yes, the rich racing legacy of Europe's largest automaker.

[Arne2]

Oh well, no big deal. But that's easy for me to say, I don't expect to buy a NEW Porsche anyway, I prefer the older air-cooled variety.

[quattrorunner]

Did you see the cash audi through at 24 of le mans? Is'nt vw and audi still same?
I'd like to see Porsche do some more there.

[Pete000]

Break out those old Porsche + Audi decals !

[Noah930]

Or those VW-Porsche emblems from the 914.

[924CarreraGTP]

I think the problem here is that Audi is already winning races in LMP1 and Porsche hasn't had a prototype racer since the RS Spyder. So I just hope that VW doesn't stiffle Porsche only to push forward its old tried and tested Audi racers. Hopefully Ferdinand Piech will give Porsche a new killer prototype in the spirit of the marquee, but it's kinda uncertain.

[mystro]

X2

Originally Posted by arne2

oh well, no big deal. But that's easy for me to say, i don't expect to buy a new porsche anyway, i prefer the older air-cooled variety.

[tobluforu]

I see Porsche diesels in the near future.

[curtisaa]

VW will sell 200,000 units for Porsche by 2016. Germans are excellent marketeers, so no doubt they will achieve their expectations...

[island911]

Originally Posted by Flieger

I say welcome to our new Piech overlord.

He gave us these:
....snip..

+1

Originally Posted by Jack Olsen

Yes, the rich racing legacy of Europe's largest automaker.

......snip..

Car companies are made by men. Even branding is not the big deal. ..let alone the name of the parent company.

That is, Even if VW Dropped the Porsche name (they won't) they could still make the same type of car. (or better)

[Windsor4273]

Ha! My wife had a Dasher she sold to my brother when he was in college. Last anyone saw of the car was it flying through the air into a huge bonfire. A fitting end to such a (not so) fine automobile. However, we have owned about 10 VWs since... And all have been better. (Except for our 1990 Passat. It was the worst car I've ever owned..)

[quattrorunner]

Tyota has something in their p1 cars, if they can get the reliability and their act together, they will be THE cars to beat next year unless AUDI can stay strong, which they are obviously. I doubt VW willl squelch that, but I do see some new Porsche P2 cars soon, and very competetive ones as well.

[sc_rufctr]

Is this a bad thing? Better in VW's group than any other.

[quattrorunner]

Originally Posted by Windsor4273

Ha! My wife had a Dasher she sold to my brother when he was in college. Last anyone saw of the car was it flying through the air into a huge bonfire. A fitting end to such a (not so) fine automobile. However, we have owned about 10 VWs since... And all have been better. (Except for our 1990 Passat. It was the worst car I've ever owned..)

Had a very similar experience with my first car, an Audi 5000s. Spent thousands on wheel bearing issues and control arm bushings which were never fixed properly in my American car small town. Then the block was cracked putting on a block heater by the same guys. In the end, with a bad transmission it was sold for $250 and next time I saw it was on the back of a tow truck driving by when my whole family was eating breakfast at a Denney's. We roared with laughter. I kinda liked it still

[island911]

Somebody correct me here, but isn't there some German law that Porsche (or any private group) couldn't own majority share of VW? ...and yet here we have Peich (Porsche) in control of VW . . .having VW buy his family business?

I'm a bit fuzzy on this, but that's how I read it all.

[McLaren-TAG]

Originally Posted by tobluforu

I see Porsche diesels in the near future.

Why not? We've already got Porsche hybrids!

Perhaps I'm just a hopeless optimist, it would be great if this led to a sub 50k two door enthusiasts P car.

But if I'm really going the optimist route, why not buy out HRT and bring Porsche power back into F1.

[Ed Bighi]

This is bad news. Porsche might even start building SUV's now.