http://news.yahoo.com/s/nm/20090718/...e_volkswagen_1

And for this utter c**k up the CEO, Wendelin Wiedeking trousers well over $100m

 

https://rennlist.com/forums/6741191-post1.html

 

I've referred to my relic as the Dung Beetle for some time now.


Andreas

 

Who cares? Ferrari is owned by Fiat, Ford (For God's sake!) owned Jaguar, Bugatti is owned by some middle eastern group (I think)...We drive Porsches...If there is ongoing demand for such an automobile, VW will continue the marque...If the demand isn't there, then it's gone.....Just like Dusenburg, Hudson, Oldsmobile, Pontiac, Studebaker, and any number of tother established companies that couldn't survive. **** happens.

 

I already own 2 VWs that my wife and I like very much. I think they are fine cars. VW owns Bugatti, Lamborghini, and Bentley. Adding Porsche to the list is no big deal.

 

Good I hope they relegate Porsche to a niche brand and they cut production drastically. Become the Ferrari to VW's Fiat.

 

Agreed ... Guess who's in the drivers seat now ... Piech ...

 

100% agree. Plus, my wife's '99 Passat has over 110K miles on it and still runs like a top-I have no problem with VW.

 

I feel this was the preferred outcome, I never quite understood any benefits from Porsche owning VW.

 

A friend has a 99 Jetta with 289,000 miles....great cars. Look the 911 or 993 is nothing but a flattened beetle. This was my 375 hp beetle that I use to run at DE events and **** off many Porsche folks...

 

I agree with Pcar964. Porsche can now go back to being a niche sports car producer focused on racing and winning!

 

Folks at work already refer to my 993 a Vdub...

It doesn't bother me at all



Bob-

 

^ + 1
This whole thing was driven solely by the ego of WW, period.
VAG will hopefully take a very good look at the Porsche lineup and begin eliminating models that compete with their planned vehicles and also eliminate the ridiculous # of variants/special editions (basically the marketing department playing mix/match with the parts bin and some decals/badges).

And yes, most people look at a 911 and refer to it as a VW with the engine in the back, like a Beetle.

 

This deal would have went through if:

1. The Volkswagen law would have fallen. It is amazing that the EU pulled back on this where they enforce other much more minor things. WW underestimated the politicians and the influence of the German Chancellor in the EU
2. The financial crisis would not have hit

At the end it is amazing that Piech forgets who made him a Billionaire. But this all does not count when it comes to a dog fight between two very strong egos. It appears that Piech is going to win and WW will be dumped next week after board meeting of VW.

 

VW owns Bugatti.