Porsche Now Controls VW
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Comments (36)
Bori
It was about time Porsche took control, i hope that now they will let the other brands in the group develop technology for themselves with out sharing it, individuality is whats make a brand outstand among others.
September 16, 2008 1:37 pm
asif
thats the whole point of a group, that you share technology and reduce costs. yes they can indivdiually develop technology but you can bet that it will have to be shared. i couldnt care less about vw to be honest. whod want to control a terminally dull company devoid of any design flair whatsoever. "new" golf any one? thought not!
September 16, 2008 2:11 pm
MadMaTTer
Your missing the whole concept of simple by design, I personally prefer the simpler cleaner look of a VW over the an overly tacky and cluttered design of an Acura.
September 16, 2008 2:28 pm
asif
thats the whole point of a group, that you share technology and reduce costs. yes they can indivdiually develop technology but you can bet that it will have to be shared. i couldnt care less about vw to be honest. whod want to control a terminally dull company devoid of any design flair whatsoever. "new" golf any one? thought not.
September 16, 2008 2:12 pm
asif
no mate. that doesnt wash. its dull. zero style, no flair, and devoid of design delights. plus they arent even as reliable as they wish people to percieve. the japanese have nothing to fear.
September 16, 2008 2:35 pm
MadMaTTer
not stating anything about reliability if thats what your after, get a corolla, the japs have never been beaten in that category. but as for looks and style you claim VW has no style. i strongly disagree, what Jap car can you buy with a fit and finish of a VW anywhere close to that price. when you ride in a 18K VW its feels Eons away than riding in a 35k nissan, mazda, honda etc. VW shows alot more classy style than a jap spec
September 17, 2008 1:36 pm
great_supercars255
that is not good. porsche mainly focus cars on speed, handeling and as much power as they can in an engine.(not too great, to be honest). and vw think about thier cars, not toss some power in for no reason. discrasse, dont like it, not one bit
September 16, 2008 3:10 pm
Bada_Bing
If half you lot actually read whats happening here it could solve alot of arguments , they have only a stake in the company , porsche have always had a hand in vw and audi - vice versa they only own a few more percentage now .
September 16, 2008 3:42 pm
norther
how come porsche claims that they now control VW, when they had 22 or 26%, plus the current 4.89 ..that means 27-30%. as far as i know you can say that you control something when you have at least 51% of that something. and they are quite far from those 51%. and another thing; they have 30% of VW but they have their engines. in the panamera, in the cayenne..what's next? and porsches goal is that magic 50%+...then what, they're gonna use VWs chassis? god damn these porsche guys are smart... motherf*ckers. i dont know why VW is even putting up with this s*it.
September 16, 2008 5:36 pm
Joe_Limon
the article is stating that Porsche now controls the largerst group of shares. Therefore there opinion has more sway in company decisions then any other group. Such positions are also referred to as controlling positions.
September 16, 2008 6:02 pm
Xanavi23
See Joe_Limons response. You don't need the majority % to have control, you just have to control more shares than any other person/group.
September 16, 2008 7:32 pm
Xanavi23
Besides why are you so mad ? Porsche has been partnered with VW for 50 years almost...nothing has changed really, they'll still both make money and still offer very good products. Slow Your Roll.
September 17, 2008 12:57 am
norther
im not really mad... i just dont want VW to become an expensive brand. i really like their cars but i dont want if porsche will own a big amount of the shares, to fiddle with the price too. anyhow....
September 17, 2008 7:05 pm
Xanavi23
Fair enough, they shouldn't try to go too up market, you're right. I would think though given Porsche being where it is in the market place and being smart with money and also knowing that many of Audis lower offerings share the same chassis/engines as VW will make them want to maintain VW as a peoples car, a high quality peoples car but fair prices none the less.
I could be wrong, but i wouldn't think so.
September 17, 2008 9:17 pm
Voss
Porsche have the biggest say in matters now, but still can't control the whole group all by themselves. Once they gain 51% of the shares they then can.
September 16, 2008 6:26 pm
GPKH
The idea is to make money for the Porsche company. so if they do not share parts anymore within the VW group, they would not make as much profits as they are now, which does not make sense. So don't count on it. audi will still use VW parts and tech, and market themselves as a premium brand like BMW, which is a pity and wishful thinking.
September 16, 2008 7:24 pm
Xanavi23
I knew this was coming for a while, IMO its very suiting, Porsche should be on top not just because of who they are but before they were ever a car company, they were a Money Advisory firm(consulting, investments and all that).
September 16, 2008 7:34 pm
Roger
IMO the greatest car group in the world now... Volkswagen manufacturing is one of THE best in the world bar none. Don't follow the hype behind branding, VW manufacturing quality is exceptional.
With the Porsche business acumen and hedge fund management I think the VW group will be the largest manufacturer in the world, shortly overtaking GM then Toyota. They've already over taken Ford this year.
Lets just hope that Porsche don't dull down whats coming out of Audi in order to styfle the competition.
September 16, 2008 8:07 pm
anonymous
toyota?
no way.
toyota is way too big.
it top the chart with the capital of second, third and fourth combined.
September 17, 2008 1:03 am
NauAudiS4
Great, this is bad... Audi is going to be dumbed down. The R8 will be discontinued, the upcoming "R4" will never even be made, and the RS models will suffer. Not to mention Porsche will want to sell off Lamborghini... Just when Audi was starting to become something amazing, Porsche has to come in and start ruining it. I don't Audi to turn into Mercedes-Benz...
September 16, 2008 8:44 pm
catchmyshadow
it´s obviously better for Porsche than for VW but Porsche won`t influence any VW or Audi model range that sells good cause they directly profit from it.
Porsche has less costs and VW has a strong partner that protects the Volkswagen group from hostile acquisition.
maybe they have a bit of trouble and disagreements at the moments but in general it will be good for all 3 brands in the future.
September 16, 2008 9:05 pm
michelin901
damn porsche indirectly owns lamborghini now... this is gonna be interesting..
September 17, 2008 3:13 am
jonzofon
I wish Audi and Lamborghini went off on their own or maybe go off with Porsche, because for some reason I just don't like Volkswagen, and I don't like the fact that Audi shares with VW either.
September 17, 2008 4:50 am
The_woo_factor
How come Porsche have so much money????? We are talking about taking over VW, one of the biggest manufacurer in the world!
September 17, 2008 7:26 am
Decypha
Hey I reckon only good can come off of this. As has been mentioned Porsche has been involved with VW for many years now.
September 17, 2008 7:27 am
Blackeyes21
I'm wating PORSCHE to come back to Formula 1 racing.Just to make Ferrari team history like mid 80s with Mclaren but with there own team this time.
September 17, 2008 9:29 am
sris
I guess its coming a whole circle.. Ferdinand Porsche n Adolf Hitler start off the concept, then lose the war.. n n the Porsche's r now back owning which they conceptualised..
September 17, 2008 3:25 pm
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September 16, 2008 8:14 am By Brian Potter
Filed Under: Corporate/Financial, German, Porsche, Volkswagen
Filed Under: Corporate/Financial, German, Porsche, Volkswagen
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