Porsche: Porsche + VW =?

John Doe II wrote: 

They are inseparable. Ferdinand created the VeeDub.

"The Dead Senator" <com> wrote in message
news:com... 

I hope it's more than that!!!!

"John Doe II" <net> wrote in message
news:net...
: Porsche may soon own ~19% of VW. I understand wanting to guarantee your
: tech/parts partner, but putting that much money in a also-ran car
company?

Daimler Chrysler is also taking a stake in VW. The *square-heads* are
afraid of VW becoming the target of a hostile takeover by a foreign auto
firm. VW was protected from hostile takeover by a law conveniently called
the VW Law, but Brussels declared it to be counter to the free flow of
money, goods, & services within the EU.

On Tue, 04 Oct 2005 22:26:21 -0700, The Dead Senator
<com> wrote:
 

And I don't think John Doe II knows that the Porsche/Piech family
has a majority stake in Volkswagen Audi Group, and until recently one
of the family was running the company. This is why Porsche has done so
many collaborations with Volkswagen over the years(914, 924, Cayenne,
and reportedly the upcoming Panamera). It's in their own financial
interest to keep VW alive.
Emanuel
--
2003 BMW 325i Black/Black
2003 BMW Z4 Black/Black

"E Brown" <net> wrote in message
news:com... 

Yes I know that, and it's still a bad reason to make financial decisions for
a publicly traded corporation.

E Brown <net> wrote:
: On Tue, 04 Oct 2005 22:26:21 -0700, The Dead Senator
: <com> wrote:

:>John Doe II wrote:
:>> Porsche may soon own ~19% of VW. I understand wanting to guarantee your
:>> tech/parts partner, but putting that much money in a also-ran car company?
:>>
:>They are inseparable. Ferdinand created the VeeDub.

: And I don't think John Doe II knows that the Porsche/Piech family
: has a majority stake in Volkswagen Audi Group, and until recently one
: of the family was running the company. This is why Porsche has done so
: many collaborations with Volkswagen over the years(914, 924, Cayenne,
: and reportedly the upcoming Panamera). It's in their own financial
: interest to keep VW alive.
: Emanuel

Well... remember that Piech (former VW CEO) is a Porsche...

--
John Nelson
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John Doe II wrote: 

Why? Because Porsche has fared so poorly?

On Wed, 5 Oct 2005 16:06:29 -0700, "John Doe II"
<net> wrote:
 

The company is publicly traded but the only significant
shareholders are family and close friends, as far as I know. And I
think that's the wrong way to look at it anyway.
The 90s gave Porsche AG a scare - they want to remain an
independent company and until the Boxster they were in danger of going
under or being bought out by someone bigger, the way Ferrari,
Lamborghini, Jaguar, Skoda, and Aston Martin were. Almost every move
they've made since the recovery has been to lower cost to increase
profits and improve their position to the point where a few bad years
doesn't risk losing the company bearing the family name. Buying 20% of
VWAG lets them affiliate with a larger company on their own terms, and
it's a company the family has pretty much in full-nelson
Emanuel
--
2003 BMW 325i Black/Black
2003 BMW Z4 Black/Black