Just off of Pistonheads

PORSCHE WILL PROTECT VW

Gets green light to buy controlling stake

Cayenne: half Porsche, half VWPorsche has been given the green light by Germany's anti-trust authorities to buy a controlling interest in Volkswagen. The authorities gave the OK for the iconic sports car maker to purchase an additional 3.5 per cent of stock to bring its holding to over 25 per cent.

What this means is that the struggling VW is immune to a hostile foreign take-over, as 75 per cent of the vote would be required. Porsche has been buying VW stock at a cost of

I didn't even realise they were it trouble! (or was it just me with my head in the sand?)

I saw in Auto express a few weeks that a few projects had been put on hold (at Lamborghini especially)

So will that mean that Porsche will have the final say on the new Audi Supercar, the R8? Surly it'd be direct competition for the 911?

Isn't that a 'conflict of intrest'?

Yay, does that mean brembo's all round on the next Fabia?

Yay, does that mean brembo's all round on the next Fabia?

Or a pop-up spoiler just above the rearbrake light..

or rear engined skodas again

Isn't that a 'conflict of interest'?

what like Ford has with the Aston Martin V8 Vantage and the Jaguar XKR . i'm sure not a lot will change , all Porsche are doing is protecting themselves as much as protecting VW from takeover , god knows where they got the money from though

God knows where they got the money from though

Probably from charging a 'premium' price to have them in RHD:D

From the cost of a CD changer upgrade (Cabling is excluded from that price) to one of their cars

Whats to stop Porsche selling out to Chrysler, Ford, The Chinese or a dubious Russian businesman. Now maybe thats where the money came from

No One has mentioned the obvious------>

Porches are so way overpriced that the profit on each car has made them cash rich so they can afford to take the finsl 3.5% stake to 25%.

Does that mean I'll get a good P/X value against a porsche? hmmm :rubchin:

Whats to stop Porsche selling out to Chrysler, Ford, The Chinese or a dubious Russian businesman. Now maybe thats where the money came from

Nothing, but they wanted to buy this extra bit in VW exactly to stop some foreign competitor buying up their parts provider.