Porsche HQ raided by prosecutors, Ex CEO Wiedeking faces investigation

HAHAHA, I love Porsche with all my heart but I can't help but laugh. I thought it was little odd that Porsche was going to try and take over VW. let's just hope they get out of this without to much damage. Ohh and if they get off with no charges...I think they should give Porsche.. VW in return.

They should be prosecuted of releasing the Panamera :P

WW and some others are responsible for a huge market manipulation, i agree, so maybe it is better that WW left Porsche before the investigation to not harm the brand itself.

all i have to say is HAHAHAHAHAHA

There goes the obscenely huge severance package for Wiedeking! It appears that charges would be against Wiedeking and the ex-CFO and not Porsche itself, which is good. Let's hope cousin Piech can run the company as well as Wiedeking did (apart from burning cash at the worst possible time). I personally think that Porsche being part of VW is a good thing and is natural considering considering history, platform sharing, economies of scale, etc. Also, Porsche will not have to worry about making "green" cars anymore since they are now part of a group that makes plenty of small diesel hatches and a hybrid or two.

Involvement of the state to that merger issues seems to be a part of VW-s takeover policy I'm afraid. Let see how far the "Bundesregierung und seine Rechtssystem" will go with jumping when VW wants.