Volkswagen Chairman Says "We're Big Enough" No More Acquisitions

Volkswagen AG (VOW) Chairman Ferdinand Piech signaled the carmaker’s ambitions to make further acquisitions may have come to an end following setbacks to a planned merger with Porsche SE and a partnership with Suzuki Motor Corp. (7269) in the past week.

“We’re big enough,” Piech said at a VW event in Frankfurt on the eve of the International Motor Show when asked if the carmaker was looking at buying other brands



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Agent009 - 9/15/2011 9:01:50 AM

+2 Boost

Remember that comment is always subject to revision a few hours to few a years later. If the right company becomes available at the right price they would be a fool not to take a stab at it.

Neverfollow - 9/14/2011 8:58:22 PM

+1 Boost

Unless Fiat lets them buy the Ferrari, Alfa, Maserati group.

Ferrari365P - 9/14/2011 9:53:28 PM

+1 Boost

Except Porsche. That acquisition has been delayed, and for VW to fail to absorb it could be damaging to VW in a lot of ways.

wins555 - 9/16/2011 12:00:08 AM

+1 Boost

He reminds me of another German guy with a mustache in WW2 who had dreams of world domination. Only this current guy knows when to stop:)

mini22 - 9/16/2011 10:19:13 AM

+1 Boost

He's not going to stop. It's only Friday. Tommorow's another day. if Marchionne called him up and said YO FERDINAND-How would you like to buy Alfa Romeo after all don't you think old Ferdi would jump at the chance.