Porsche Ups Stake In VW And Assumes Full Control - Next Step Is Audi

Porsche already use plethora of parts from VW already anyway, this is a logical move.

LoL

I bet you can't even afford those glorified VW's. Only envious people say comments like that. Has nothing to do with Porsche upstaking VW and assuming full control.

Porsche had to do this otherwise they would cease to exist (since environmental laws are forcing every company to have a high average fuel economy). Could you imagine if porsche had to get 35mpg across its lineup (with no Audi and VW)? It would be a disaster...a 130hp hybrid 911.

I think Porsche will basically have to re-introduce a 924-esque car (i.e. cheap and fuel efficient) to stay competitive during the next few years. The economic doldrums of the fabulous 70's are back :-(

I know for a fact that although Porsche engines are bad on gas (flat or TT 6 cylinder) they perform just how you drive the car. Its actually one of the most effecient engines in the world releasing cleaner air to the env. then what you would breath in LA, Bombay, or parts of China.

Porsche did this to survive as a car manufacturer and big a player in the other markets without having to launch their own new brands or further extend theirs beyond what it should be.

supermoto, under your logic, how long until Ferrari ceases to exist? It no longer operates under Fiat, right? So I don't know where it's going to get the higher average fuel economy from. Maserati has terrible fuel economy across the board.

@quizz

Ferrari's and Lamborghini's have an exclusive bunch of clients that usually get driven less than 5000 miles a year on average, so because of that they can exploit a loophole in the law or something.

Sans the Cayenne, I cant think of a lot of parts sharing going on.

A lot of it has to do with VW making spec built parts for Porsche in their factories. So while it has a Porsche part number on it, it may be built in a VW factory somewhere.

This was definitely a good move for Porsche. As supermmoto said they have to get their mpg numbers up. Purchasing a larger stake in VW is a great and easy way to do it. Not only does it get Porsche out of the hole it further keeps VW in german hands.
T

Let's remember that back in the early 90's Porsche was on the verge of going under. It came back thanks to the Boxter, a car that reinvented the way Porsche manufactured its cars. Porsche hired a several ex-Toyota consultants to help them develop a lean manufacturing process to get them back into profitability. That's right Porsche lovers, Toyota is indirectly responsible saving Porsche. Since then, they've diversified their base to include some cars that were controversial to say the least i.e. Cayanne and the Panamera. The tides have changed, Porsche now stands to be another car company with the acquisition of VW. It will interesting to see if they can maintain their status as a premium sports car without turning into another car manufacturer.

it's going to suck because they are going to hold back which has become a huge competitor of theirs with the R8 and rumors of smaller mid-engine sports cars.

i agree.

this is a great move and will make each of them stronger,as well as have even better cars across each car makers line!