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Porsche CEO Wiedeking Leaves Company

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Old 07-16-2009, 10:19 AM
  #16  
djcxxx
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If true, WW's departure will mark a triumph to tragedy epic worthy of a Wagnerian opera or a Shakespearean play. A nearly bankrupt company of great heritage is taken to the height of success/profitability by a man whose overarching ambition (and possibly greed) eventually leads him into hedge funds and leveraged takeovers that, amid a global economic calamity, will leave him and his company at the mercy of those he sought to dominate.
Old 07-16-2009, 11:03 AM
  #17  
Ucube
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Originally Posted by ltc
WW is solely responsible for bringing Porsche to its knees, primarily due to his enormous ego.
He is solely responsible for taking "the most profitable car company on the planet" to "verge of bankrupcy" in less than a year.
I will be grateful when he is gone.
Just as he's solely responsible for taking Porsche from the verge of bankruptcy to the most profitable car company in the world. Can't leave out the credit when giving blame.
Old 07-16-2009, 01:03 PM
  #18  
agdamis
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Fellas, Fellas, Fellas.................

WW turned Porsche around. Once he made it profitable, yes he made the Cayenne and the Panamera (like it or not) this funded awesome projects like GT3, GT3RS, GT2, CGT, Cayman and many more. All these are facts. Without WW we would not be driving these great cars today.

Everyone is stating the obvious but, no one is asking the "why?"

Why did WW and the Porsche family (do not forget that WW might as well be one of the family) tried to buy out VW. Let me help you with the answer.

To save both companies from Piech and his antics that go way back, from the days of the great old man.

Some examples:

1) When Porsche ran the record breaking 917 in LeMans Piech wanted to be part of the racing program and his grandpa told him to stand down. So young Piech decided to convince his mommy to buy him a 917 and they campaigned it against the factory car. What a guy - what a team palyer.

2) The Bugati Veyron which is huge waste of money

3) The purchase of Lamroghini, which in my opinion continue to thumb his nose at Porsche.

and many many more stories of juvenile behavior.

It was a great idea for WW and the Porsche family to buy this jackass out once and for all and it is a huge shame that their timing couldn't have been worse.

Now Porsche finds itself in the horrible position of having to make a deal with the devil rather than the original plan of exorcising him.

This will be a disaster for Porsche, and it will never be again as it is today.
Old 07-16-2009, 01:13 PM
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Targa Tim
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Originally Posted by Edgy01
that would be the end of the 911, and more front engined cars! Sort of like when what's his name was running things before Peter Schultz.
this is actually good news for us, as our 911 will maintain value better from now on...
Old 07-16-2009, 02:10 PM
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cascade
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Wasn't Piech the genius behind the highly "successful" Phaeton?
Old 07-16-2009, 02:21 PM
  #21  
964C4
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Originally Posted by cascade
Wasn't Piech the genius behind the highly "successful" Phaeton?
Exactly, what a waste...
Old 07-16-2009, 02:44 PM
  #22  
ADias
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Originally Posted by CMOS
The Cayman would beat the 911 around the track if Porsche put the 911s engine in it.

The rear engine layout is the albatross around porsche's neck.

How about a mid-engined GT3?

Half of what Porsche does with a late-model 911 is to compensate for the engine position.
When a 911 comes with a mid-engine (and it may), the previous model will be my last 911.
Old 07-16-2009, 03:22 PM
  #23  
996FourEss
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The rear engine is an anchronism, and therein lies the appeal. Unique shape, unique feel, unique interior space concept, simply unique.... And, history supported this last time Porsche tried to "move-on" as it were.

Yes, WW has (had?) his faults. Think the Panamera is too large and too heavy and that that is all because of WW and his "I want a 6'4" person to be able to sit comfrotably in the back" and setting the benchmark cars as S-classes and 7-series and not having a rear transaxle set-up to accomodate four wheel drive a la Nissan GTR, but he was good for Porsche and good for profits.

Keep the 911 going. Dear Mr Piech (if WW is truly gone), if you need to have a mid-engine car, start with 46 years of development in your existing 911, swing the engine and gearbox through 180 degrees (hang on a sec, that is what they did with the boxer). OK, anyway, start with the modular boxster platform then, extend the wheel base by 10cm and the width by 5cm, redesign the interior (drop in the 911 interior perhaps), drop the twin-turbo engine in, provide radical new exterior design, add rear venturis, add active air-flow management both at the front and back of the car, call it the "Super-Carrera" while announcing to the world a new "fifth" model line for Porsche, write-off the development costs by offering the underlying platform to Audi and Lamborghini to form the basis of the next generation R8 and Gallardo, and a very Porsche-esque business model you will have (almost as if WW was still there....). But please, with all the money saved and cross-development synergies on airflow management and engine technology, etc, please keep the 911 going as well....
Old 07-16-2009, 07:55 PM
  #24  
nyca
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latest news:

http://bloomberg.com/apps/news?pid=2...d=aNsfzankfPEk
Old 07-16-2009, 11:15 PM
  #25  
cello
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Good article on all the drama in the "European Windows" section of the July Panorama. p.66

Some good news on PCA-sponsored HPDE Insurance too for those interested! p.54.
Old 07-16-2009, 11:20 PM
  #26  
Fahrer
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I believe the next big move for the Porsche 911 will be an aluminum body! This technology is readily available from Audi and will enable Porsche to maintan/improve performance with existing engines. With the prices they charge for the 911 they can readily afford it!
Old 07-16-2009, 11:26 PM
  #27  
Deanski
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Originally Posted by cello
Good article on all the drama in the "European Windows" section of the July Panorama. p.66

Some good news on PCA-sponsored HPDE Insurance too for those interested! p.54.
You saw that too.. Nice article and finally rates for DE events.

Now, all I have to do is re-order a new Porsche....

Deanski



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