Volkswagen Completes 49.9% Porsche Stake
Full takeover expected in 2011
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New Porsche 928 Coupe computer rendering / Lehmann Photo-Syndication -
Porsche Panamera Coupe Cabriolet artist rendering
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Comments (36)
FloPoe
and there it goes....
very sad but it was so obvious that VW will just use porsche as another cash cow
December 8, 2009 4:26 pm
autoficianado
I really hope they call the new integrated company Auto Union
December 8, 2009 4:27 pm
ifudge
The best thing Porsche did was remove all of that in the 90's and start again just with the 911 and carefully rebuild the product line from there.
December 8, 2009 10:14 pm
tootall
I really think that VW should not force Prosche to sell that number of cars, using that method. VW should focus on the "entry-level" items and leave Porsche to do what it is they do best. They really need to be helping each other out, rather than one side sucking the life force from the other. I think VW should use some of their funds to help Porsche out with new technology development, which in turn should return a profit to both VW and Porsche (depending on sales) and that profit (hopefully) would then spread through out the other brands, under the VW umbrella.
December 8, 2009 6:01 pm
mpower333
If you want to know what future Porsches are going to look like. Simply look at the current and near future VW lineup and picture them with different wheels and a Porsche badge. That's how VW plans on selling more "Porsches"
December 8, 2009 7:07 pm
Altair477
in 2011 VW will take over, at that time Porsche will be dead.
if u really wanna know wht will happen to porsche, just simply look at Audi, Lamborghini, Bentley, all owned by VW & all have the same fit & finish.
so sad porsche, bye forever.
December 8, 2009 7:37 pm
2010S5
Volkswagen seems to be taking over much of the automobile industry. And whether that's a good thing or bad thing I have yet to know. Personally, I like what they're doing.
December 8, 2009 7:57 pm
norther
i have something to say gentlemen, if i may. i hope i do not get stabbed for this, but.... i blame this on porsche themselves. they started this. they wanted to takeover VW, and failed in an ugly way. i didnt expect that from porsche, hell i wasnt expecting this from the germans. if my name was "mr CEO of porsche" i would've drown in shame. i would have left the counrty. im sorry porsche, but u did this to you, with your own hands. remember that over night.,just over 1 night, after all those "porsche ready to take vw", an article came up with "porsche failure. vw coming after them". they acted in a pathetic way. so, good bye porsche, sorry but good bye.
December 8, 2009 8:03 pm
CarFan56
Its amazing how people think this will ruin Porsche. Anyone ever heard of Bugatti, Bentley, Lamborghini, etc...
December 8, 2009 8:17 pm
scratchy996
wait a minute , didn't VW destroy Skoda, Seat, Audi, Bentley, Lamborghini and Bugatti ?! i mean, look at the Veyron, it's just a Golf with different wheels and a Bugatti badge...
December 9, 2009 9:05 pm
The Car Guru 4
I think you guys mistook VW to be Ford or something, I don't think the creators of the GTI and the Scirocco are going to rag Porsche. And just think, all those Porsche designs will trickle down to cars that we can, oh I don't know, actually afford.
December 8, 2009 8:55 pm
madness
There is such a thing as a beetle GT2, the call it the 911 GT2! Haha look at me, I'm jeremy clarkson!
December 8, 2009 9:17 pm
CDspeed
They had been doing so well and have survived for so many years and now in what seemed like a sudden burst of lightning their gone. Porsche will never be same ever again.
December 8, 2009 9:54 pm
ifudge
I think it's a real shame but don't think it means Porsche is dead or will now start producing bad cars. It's always sad when a company is taken over by a bigger one.
December 9, 2009 4:06 am
scratchy996
in reality it's a merger. but anyway, lots of people complained when VW got Lamborghini and started producing cheaper cars. we all know how bad that decision was , the Gallardo was such a bad move...
December 9, 2009 9:09 pm
Ferrariguy
VW wants to become too big too fast. Trying to beat out Toyota in a numbers game is not really smart. There's a reason why BMW remains an "independent company." I hope they don't fall on their ass in the future, but what they are doing is very risky IMO.
December 9, 2009 7:32 am
scratchy996
like BMW which got the crazy idea to buy Mini, Rover, Land Rover, Rolls Royce AND Bentley ...then they woke up with a hangover and started selling companies. but they were smart enough to get some know-how from Land Rover and made the X5.
every company wants to grow, it's a normal thing in capitalism. if you don't grow , bigger companies will swallow you, Ford tried to buy BMW once.
December 9, 2009 9:14 pm
CarFan56
They have already beat Toyota in the numbers game. They are the worlds largest car company. BMW owns Rolls-Royce and Mini just like VW owns all these companies, I dont know what Ferrariguy is talking about. Amazing how people don't recognize bugatti, etc and notice that it is not a VW, it is a Bugatti
December 9, 2009 3:35 pm
Ferrariguy
Learn how to "read," between the lines, they have beat Toyota only on VOLUME of Production, NOT overall sales. Toyota will and Still number 1! VW DON"T SALE IN NORTH AMERICA VERY WELL COMPARED TO TOYOTA!!
December 10, 2009 6:37 am
Ferrariguy
Case in point, IMO, what VW is doing is risky! Ford, GM, all did the same and at one point was one and two, but look at them now. In ways it's different, but in ways it's the same thing. Management is near impossible and things get complicated
Plus "Carfan56," how can you be taken seriously if you state nonsense like "VW will never fail??" Never say never, rewind 20 years ago, nobody would have thought GM would be in the position they are now, NOBODY!
December 10, 2009 6:42 am
scratchy996
VW's way of doing things is totally different from GM's. the companies under VW have more independence and they keep their image. Lambo is still Italian, Bentley is still British, Bugatti is still French. even if cars under the VW umbrella share technologies, they are not rebadges like the GM cars. GM and Chrysler were a very good example on how not to do things. just because 2 big companies fail doesn't mean every big company has to fail.
everyone thinks Porsche will be harmed after the merger with VW, but forgets that VW has done only good things to the companies they bought. and the biggest shareholders in VW are Ferdinand Porsche's grandsons, why would they want to harm their own company ?
December 10, 2009 1:19 pm
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December 8, 2009 11:00 am By Michael Gauthier 
Filed Under: Corporate/Financial, German, Porsche, Volkswagen
Filed Under: Corporate/Financial, German, Porsche, Volkswagen
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