Power Stuggle Ends - Volkswagen to Acquire Porsche

awe I want to see them disappear much the way some people want gm/chrysler to disappear

Why is that? Because I don't think it's good business practice to gouge faithful customers $20,000 on average per car. No badge is worth that. Not even Ferrari.

Isn't anything's value determined by what customers are willing to pay? Pretty well how a market economy works, yes? GM's problem was customers were not willing to pay enough for their product in order for GM to sell them profitably. Porsche, on the other hand, manages to find customers for their products at the prices you seem to think are so inflated. (How are you harmed by that, such that you express such visceral feelings? Just. Don't. Buy. A. Porsche.) As to the claim that Porsche price gouges, one needs to offer some proof, especially of a let's-pull-a-number-out-of-the-air like $20k per car, transparently baseless. For the last decade, most of their profits have been derived from revenue streams other than car sales. Do some research before spewing such baseless blather.

I've owned two Porsche's, and hope shortly to buy another. I wish they cost less, I really do, as the cost is a stretch for me. But if I want the driving pleasure of a Boxster, well, there's only one source. If you should happen to think a Miata works better for you, all things considered, that's great for you. It sure doesn't make me hope Mazda will go out of business.

I say no, just because people are willing to buy stupid things doesn't make them any more valuable. Think of all the horrible fad's that have came up through the centuries, were any of them truly worth the money? I honestly don't believe paying that much money for a symbol is worth dick all when you are dead.

Ha ha, ha ha. Say hello to the Porsche rabbit. First the Panamera now this. To hell with Porsches's independence, they are now a wholly owned VW concubine. This is great news, almost as good as the GT-R raping the 997 turbo at the Nurburgring.

Here come the front wheel drive Porsches. 998 based on the next gen golf platform?

I guess "prestige" will only take you so far in this life.

Wendelin Wiedekin was virtually worshipped as the saviour of Porsche by first widening their focus into non-core vehicle types (apologies to any of you who love trucks beaten with an ugly stick, as long as you imagine it will impress others) at the absolute wrong time in history (market timing much?) then deriving all their actual profits from currency trading and and hedging. You are only as good as your last play, and this guy goes down as the worst failure in Porsche's history, throwing away their independency for no good reason. Of all the possible endings to this soap opera, at least this one stands a good chance of doing no harm to their core models. VW has actually been a decent steward of their acquisitions.

Can't wait for the next generation VW 911 turbo to hop right past the GTR

Porsche is in good company anyways. The two families are laughing at all of you people putting down the brand when they're in the Swiss Alps in their Porsche's, Bugatti's, and Lamborghini's sipping on fine wine and eating caviar.

VW and Porsche will still operate separately but obviously continue to share some of their production line. In the end, who cares who owns who. For example look at who owns Ferrari? A clear indication it doesn't matter who is at the top. The two families that rule Porsche and VW have been getting filthy rich for generations, TOGETHER. Why the shock and awe?

you probably refer to Lexus as a Toyota!

This is good thing for Porsche- they bit off more than they could chew with the takeover and Panamera and now hopefully this will put more of an emphasis right where it should have been all along on their core model- the 911.

Porsche will need to reduce their huge markups now since no one will be dumb enough to pay so much for a dressed up V-Dub.

Don't have to hate on a company because you can't afford to own one.