Porsche sales hit - production stops - VW stake increase postponed

thank goodness. i didnt like the fact of porsche owning VW

Perhaps Porsche is also waiting to see how badly VW is affected by current downturns. It may not want it if it suffers too badly.

Porsche ownership of VW can only make things better at VW/Audi. Perhaps in quality...which isn't that great, btw, despite what the automotive media tells you.

I would wait to see some more figures as how this is affecting VW as well. If the numbers are bad then they can lower the price for the increase in stake. Porsche must be hoping for VW stock prices to fall.

Well put effington except that company execs outlandish bonuses are now a thing of the past and besides that most of the rich people had invested in equities which we all know have suffered the most this years last quater. The car markets are however different as you may find that the normal Porsche buyers who can't afford prime cars like the top end Ferrari, top end Lamorghini and Bugattis do still have lots of fianancial muscle whilst the normal company exec who relied heavily on bonuses to buy a Porsche will no longer be able to afford such a luxury. There next target would obviously be a car like the R8, M6, E63 AMG etc which cost a bit less than the Porsche (of course not the Cayman).