EU Overrules "VW Law" – Porsche Set To Acquire VW!

Took long enough.

Lawmakers are not known to be hasty

Just happy to see the free market prevail.

I think this whole episode is indicative of the culture at VW. Imagine if the US Postal Service manufactured autos.

Imagine "Newman" from Seinfeld as the CEO and it begins to make sense why the VW lineup has such disharmony and the cars seem to be so unreliable.

Hopefully Porsche can revive the brand and turn around their quality problems. VW are lacking direction at the moment.

I would agree. VW has totally amazed me that they have not been able to crack their potentially biggest market,the USA. From a company that was so successful with the Beetle originally in this country they have really fallen flat on their face.Furthermore what I don't understand is they have sat on the sidelines and watched a number of Japanese and Korean car companies come in and set up successful factories with good quality.Instead up trying to observe they insisted that Puebla,Mexico was the only logical place to build and export cars to the US to keep costs down.Puebla is now known for its quality lapses yet VW has ploughed on. Porsche at least understood from Toyota the method of manufactoring cars. They were in dire straights in the early 90's but engineered a complete turn around to become the most profitable car company. I think this is great for VW because otherwise they would have to pull out of the US market.It's more then just cost. VW has not been building the right type of car for American tastes.Hatchback cars don't sell as well as sedans yet they continue to market the Golf/Rabbit here. The Jetta would sell better if it were priced in the mid teens.You can only do that with full production in the US.There is simply no reason why VW can't do it if Toyota,Nissan,Honda,Hyundai etc can do it.VW has always been the peoples car to buy.It needs to remain so.

I completely agree. That's all they need! A US plant! It makes too much sense. Their vehicles have superior quality in Europe and Asia... but here it's just strange. It seems as if they're not really trying. One other huge problem for VW is the strength of the Euro against the dollar; it's much harder to have a low-priced European car here than it is for the Japanese and Koreans (let alone the Chinese).

As a previous owner of a VW, and a current owner of both an Audi and a Porsche, I applaud this ideal of Porsche's takeover of VW. I believe that it will give the VW line up a good refreshing treatment along with a much needed quality wakeup call.

On the other side, I do fear that, and hope that Porsche does not start to intergrate too much of the VW group's practices, quality flaws, and image for the US market.

They won't. It will be the other way around. With Porsche ownership, VW will be trimmed, revised and restructured. Their quality (and profits!) will be up, their performance will be up (but not too much up), and they will become far more attractive choices in any market.