jyoteen

Link to story. Interesting stuffl

Torontoworker

I see an asset split off if they control VAG.

JDSStudios

However, Porsche launched in China as of yesterday.
That will change "many" numbers.

Another Don

If you own 50.8% if a company, you should be able to control the board of directors and the question shouldn't be "if they pay a dividend" but "when they pay a dividend".

Just my $0.02

medtech

Wow, very complicated.

redridge

thats prob why they're in hot water.

Thundertub

And then THIS today!
http://www.autoweek.com/article/2009...NEWS/904239993

medtech

KISS

ivangene

wow... not good IMO, but hey.... Porsche is small (in the big picture of Auto MFG's)

I am willing to give them 1/2 the proceeds of the sale of my GT2 wing to help pull them out of this slump... (maybe that will boost interest)

Thundertub

I would very much love to help Porsche out by buying another new one. But, after 40 years and 16 Porsches, they have finally priced me out of the new Porsche market.
But that is good news for current Porsche owners who will eventually sell me their one-owner, very low miles, carefully maintained 911 for half the sticker price they paid a few short years earlier.
But not this year...

I have purchased two newer Porsche 911 series cars than the one I have now, over the past 10 years. But I so enjoyed the experience of buying a real gem at half price that I intend to use that same method going forward.
Consider the following:
http://www.autotrader.com/fyc/vdp.js...standard=false

There are plenty of other guys out there like Phil, and they are saving their cars for ME!

htny

They aren't small anymore, not when you consider the value of that VAG stake. I wouldn't get too worried, ze germans are loathe to permit outright failure, especially after being forced to move heaven and earth to allow the deal in the first place. I'm thinking a little extension won't be too hard to negotiate give the sheer size of the situation. IF VAG is posturing that is, but if they really can make the deal work it would be deep irony

Nicolaasdb

Porsche has been in big trouble before and came out winning.....you never know with those germans.....they got the technology to make super cars.

jury_ca

Unless Porsche starts manufacturing in China, don't expect much. Import duties and tariffs push Cayenne's into the USD$150+K mark.

yasuro

and more news: http://www.bloomberg.com/apps/news?p...d=aUp8sH95gJq8

"The Porsche and Piech families plan to sell their main car assets to Volkswagen AG under a plan that would tighten Porsche SE’s grip on Europe’s biggest automaker, according to two people familiar with the matter."

Porsche SE is NOT the company that makes 911s. That's Porsche AG.