Porsche to become owners of VW

Dr Zoidberg · 04-03-2008, 10:08

It seems they want to go from 31% ownership to a majority share.

BBC NEWS | Business | Porsche set to buy control of VW

Babs · 04-03-2008, 10:26

Their first order of business.... scrap the R8

Dr Zoidberg · 04-03-2008, 10:29

Quote:

Originally Posted by Babs

Their first order of business.... scrap the R8

Or nick the best bits from it

**mannyo** · 04-03-2008, 10:30

The reason for doing this is new german legislation. The new rules are based around CO2 emissions, and german manufacturers need to have some low emissions vehicles in their lineup. If they dont, then they will be fined by the german government. Hence the stake that some german car makers have in other brands.

Dr Zoidberg · 04-03-2008, 10:32

Quote:

Originally Posted by mannyo

The reason for doing this is new german legislation. The new rules are based around CO2 emissions, and german manufacturers need to have some low emissions vehicles in their lineup. If they dont, then they will be fined by the german government. Hence the stake that some german car makers have in other brands.

So they'll be treated as a single company with multiple brands , I suppose.

Makes sense

Babs · 04-03-2008, 10:33

So... the group will now be:

Porsche
VW
Audi
Seat
Skoda
Lamborghini
Bentley
Bugatti

??

Bigw2069 · 04-03-2008, 10:41

And VW have just bought the majority share in Scania (They were always a shareholder anyway)

not sure if that links them into SAAB too now

auroan · 04-03-2008, 10:50

Quote:

Originally Posted by Bigw2069

And VW have just bought the majority share in Scania (They were always a shareholder anyway)

not sure if that links them into SAAB too now

I wouldn't have thought so.... SAAB are GM

Bigw2069 · 04-03-2008, 10:55

Quote:

Originally Posted by auroan

I wouldn't have thought so.... SAAB are GM

SAAB and Scania are part of the same group who separated the business with SAAB continuing car manufacture and Scania going with the trucks, but they are still related, and As I said VW are a Shareholder, not outright owners

VRS195 · 04-03-2008, 11:03

Heads-up NINE months ago:

http://briskoda.net/forums/general-c...orsches/81332/

SAAB-Scania split out in 1995 to become SAAB (cars) and Scania (trucks) and SAAB Aircraft.

So the SAAB (cars) adverts have as much to do with airplanes as they have to trucks. But GM persist to advertise tarted up Vectras as some sort of "Top Gun" derived supercar. (Note: there are not many front drive jet planes with dodgy handling)

ScoobyChris · 04-03-2008, 13:22

Quote:

Originally Posted by Babs

Their first order of business.... scrap the R8

Agreed - makes good business sense to ditch the pale imitation

Chris

MudPuppy · 04-03-2008, 13:26

Quote:

Originally Posted by Babs

So... the group will now be:

Porsche
VW
Audi
Seat
Skoda
Lamborghini
Bentley
Bugatti

??

Should make VAG meets interesting!!

KenONeill · 04-03-2008, 13:45

Quote:

Originally Posted by VRS195

SAAB-Scania split out in 1995 to become SAAB (cars) and Scania (trucks) and SAAB Aircraft.

So the SAAB (cars) adverts have as much to do with airplanes as they have to trucks. But GM persist to advertise tarted up Vectras as some sort of "Top Gun" derived supercar. (Note: there are not many front drive jet planes with dodgy handling)

Whereas they're actually more like the trucks (but less useful).

gillywibble · 04-03-2008, 14:04

One big happy family

rigsby · 05-03-2008, 00:02

Quote:

Originally Posted by VRS195

Heads-up NINE months ago:

http://briskoda.net/forums/general-c...orsches/81332/

SAAB-Scania split out in 1995 to become SAAB (cars) and Scania (trucks) and SAAB Aircraft.

So the SAAB (cars) adverts have as much to do with airplanes as they have to trucks. But GM persist to advertise tarted up Vectras as some sort of "Top Gun" derived supercar. (Note: there are not many front drive jet planes with dodgy handling)

And Volvo trucks have a share in Scania--Volvo are related to Ford and Mazda-- In fact just about all manufacturers are related in some way. Just like folk in a rural Norfolk village

androdev · 05-03-2008, 07:25

German law (VolksWagen Law) prevents any non-german company from acquiring more than 10% stake in VW. EU doesn't like this law and wants it to be scrapped. So Porsche is pre-empting any potential foreign buyers. It also makes business sense.

04-03-2008, 10:08	#1
Dr Zoidberg Briskodian Join Date: Jun 2003 Location: On the back of an AA truck with a failed turbo Posts: 10,744 Members Car: Octavia II 2.0 TDi Elegance Thanks: 30 Thanked 194 Times in 145 Posts	Porsche to become owners of VW It seems they want to go from 31% ownership to a majority share. BBC NEWS \| Business \| Porsche set to buy control of VW __________________ Alex "I laugh in the face of danger, then I hide until it goes away" www.drzoidberg.co.uk

04-03-2008, 10:26	#2
Babs Briskodian Join Date: Jul 2006 Location: Newport/Preston Posts: 4,154 Members Car: Skoda Octavia vRS Thanks: 216 Thanked 139 Times in 123 Posts	Re: Porsche to become owners of VW Their first order of business.... scrap the R8 __________________ - Andrew Octavia vRS For Sale / Bosch Rotary Polisher For Sale

04-03-2008, 10:30	#4
mannyo BRISKODA Staff Join Date: Nov 2002 Location: Stevenage Herts. Posts: 11,465 Members Car: Octavia 2.0 TDi Elegance Thanks: 58 Thanked 359 Times in 330 Posts	Re: Porsche to become owners of VW The reason for doing this is new german legislation. The new rules are based around CO2 emissions, and german manufacturers need to have some low emissions vehicles in their lineup. If they dont, then they will be fined by the german government. Hence the stake that some german car makers have in other brands. __________________ Manny 2005 Octavia 2.0TDi Elegance combi my skoda website http://www.octaviars.co.uk Join the briskoda.net folding team click Here for more info

04-03-2008, 10:33	#6
Babs Briskodian Join Date: Jul 2006 Location: Newport/Preston Posts: 4,154 Members Car: Skoda Octavia vRS Thanks: 216 Thanked 139 Times in 123 Posts	Re: Porsche to become owners of VW So... the group will now be: Porsche VW Audi Seat Skoda Lamborghini Bentley Bugatti ?? __________________ - Andrew Octavia vRS For Sale / Bosch Rotary Polisher For Sale

04-03-2008, 10:41	#7
Bigw2069 Moderator Join Date: Jan 2004 Location: Rosyth,Scotland Posts: 5,658 Members Car: Noddy Car Thanks: 211 Thanked 228 Times in 189 Posts	Re: Porsche to become owners of VW And VW have just bought the majority share in Scania (They were always a shareholder anyway) not sure if that links them into SAAB too now __________________

04-03-2008, 11:03	#10
VRS195 Briskodian Join Date: May 2007 Location: Hertfordshire Posts: 806 Members Car: Octavia vRS PD195 Estate Thanks: 3 Thanked 47 Times in 41 Posts	Re: Porsche to become owners of VW Heads-up NINE months ago: http://briskoda.net/forums/general-c...orsches/81332/ SAAB-Scania split out in 1995 to become SAAB (cars) and Scania (trucks) and SAAB Aircraft. So the SAAB (cars) adverts have as much to do with airplanes as they have to trucks. But GM persist to advertise tarted up Vectras as some sort of "Top Gun" derived supercar. (Note: there are not many front drive jet planes with dodgy handling) __________________ Black Pearl vRS 204PD COMBI Factory Options: ALL (bar the front parking sensors and anti-whiplash head restraints!)

04-03-2008, 14:04	#14
gillywibble Cuthbert Dibble Join Date: Apr 2006 Location: Watching Tom peeping at Lady Godiva. Posts: 7,125 Members Car: Octavia Elegance 2.0 Tdi Thanks: 231 Thanked 261 Times in 219 Posts	Re: Porsche to become owners of VW One big happy family __________________ I drink, therefore I spam.

05-03-2008, 07:25	#16
androdev Briskodian Join Date: Jun 2007 Posts: 69 Members Car: Thanks: 2 Thanked 1 Time in 1 Post	Re: Porsche to become owners of VW German law (VolksWagen Law) prevents any non-german company from acquiring more than 10% stake in VW. EU doesn't like this law and wants it to be scrapped. So Porsche is pre-empting any potential foreign buyers. It also makes business sense.

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Porsche Boxster	pittVRS	General Car Chat	14	07-11-2007 13:38
Any Mark 3 Golf Owners or old owners on here, ice query	Skodaboy1983	ICE, Security and Insurance	5	24-10-2007 14:48
Porsche Cayman S	Goochie	General Car Chat	6	22-11-2006 19:49
Ex subaru/mitsu evo owners/quick car owners	lozgti	General Car Chat	8	16-08-2005 21:10

Porsche to become owners of VW

Porsche to become owners of VW

Similar Threads