It seems they want to go from 31% ownership to a majority share.

BBC NEWS | Business | Porsche set to buy control of VW

Their first order of business.... scrap the R8

Their first order of business.... scrap the R8

Or nick the best bits from it

The reason for doing this is new german legislation. The new rules are based around CO2 emissions, and german manufacturers need to have some low emissions vehicles in their lineup. If they dont, then they will be fined by the german government. Hence the stake that some german car makers have in other brands.

The reason for doing this is new german legislation. The new rules are based around CO2 emissions, and german manufacturers need to have some low emissions vehicles in their lineup. If they dont, then they will be fined by the german government. Hence the stake that some german car makers have in other brands.

So they'll be treated as a single company with multiple brands , I suppose.

Makes sense

So... the group will now be:

Porsche

VW

Audi

Seat

Skoda

Lamborghini

Bentley

Bugatti

??

And VW have just bought the majority share in Scania (They were always a shareholder anyway) :eek: not sure if that links them into SAAB too now :P

And VW have just bought the majority share in Scania (They were always a shareholder anyway) :eek: not sure if that links them into SAAB too now :P

I wouldn't have thought so.... SAAB are GM

I wouldn't have thought so.... SAAB are GM

SAAB and Scania are part of the same group who separated the business with SAAB continuing car manufacture and Scania going with the trucks, but they are still related, and As I said VW are a Shareholder, not outright owners

Heads-up NINE months ago:

http://briskoda.net/forums/general-car-chat/soon-we-will-all-driving-porsches/81332/

SAAB-Scania split out in 1995 to become SAAB (cars) and Scania (trucks) and SAAB Aircraft.

So the SAAB (cars) adverts have as much to do with airplanes as they have to trucks. But GM persist to advertise tarted up Vectras as some sort of "Top Gun" derived supercar. (Note: there are not many front drive jet planes with dodgy handling)

Their first order of business.... scrap the R8

Agreed - makes good business sense to ditch the pale imitation

Chris

So... the group will now be:

Porsche

VW

Audi

Seat

Skoda

Lamborghini

Bentley

Bugatti

??

Should make VAG meets interesting!!

SAAB-Scania split out in 1995 to become SAAB (cars) and Scania (trucks) and SAAB Aircraft.

So the SAAB (cars) adverts have as much to do with airplanes as they have to trucks. But GM persist to advertise tarted up Vectras as some sort of "Top Gun" derived supercar. (Note: there are not many front drive jet planes with dodgy handling)

Whereas they're actually more like the trucks (but less useful).

One big happy family :grouphug:

Heads-up NINE months ago:

http://briskoda.net/forums/general-car-chat/soon-we-will-all-driving-porsches/81332/

SAAB-Scania split out in 1995 to become SAAB (cars) and Scania (trucks) and SAAB Aircraft.

So the SAAB (cars) adverts have as much to do with airplanes as they have to trucks. But GM persist to advertise tarted up Vectras as some sort of "Top Gun" derived supercar. (Note: there are not many front drive jet planes with dodgy handling)

And Volvo trucks have a share in Scania--Volvo are related to Ford and Mazda-- In fact just about all manufacturers are related in some way. Just like folk in a rural Norfolk village

German law (VolksWagen Law) prevents any non-german company from acquiring more than 10% stake in VW. EU doesn't like this law and wants it to be scrapped. So Porsche is pre-empting any potential foreign buyers. It also makes business sense.