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Speculation over Porsche takeover of VW continues

11/17/2006, 11:50 AM

By admin

Ever since Porsche began expanding its stake in Volkswagen a year ago, analysts and industry insiders have speculated the company might one day attempt to gain total control of VW.

According to Reuters the market is buzzing with rumors that Porsche, owned by the family of VW Chairman Ferdinand Piech, could decide to take over Volkswagen. Porsche’s move to increase its equity capital by half was the most interesting part of Porsche’s earnings announcement this week, said Sanford Bernstein analyst Stephen Cheetham.

“We believe this may presage a full bid by the company for Volkswagen, fulfilling Ferdinand Piech’s evident wish to control the company ahead of a likely expiry of the Volkswagen law limiting any one shareholder to 20 percent of voting rights,” Cheetham wrote.

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11/17, 11:54 AM

posted by:

YourNameHere

wow…as long as Porsche stays porsche and i dont see vw doorhandles on a 911 im cool with it. i really only see this being good for VW.

11/17, 11:59 AM

posted by:

teknomusik

I want a 2010 Porsche Gallardo Turbo! :P

11/17, 12:20 PM

posted by:

YourNameHere

porsche gallardo turbo RS tdi

11/17, 12:21 PM

posted by:

YourNameHere

o0o0o what about a 30k porsche 914, elise fighter…vws 2.0T, 6spd mmmmmmmm

11/17, 1:17 PM

posted by:

buenos

Porsche camper van with the Cayenne S turbo motor….

11/17, 1:54 PM

posted by:

Andre Neves

VW Bus Turbo S LoL
They should bring my first car back to life. Bring back the 944/951!!!

11/17, 2:50 PM

posted by:

lanapat7

They will kill the Touareg & Q7 so the Cayenne can live.
They will rebadge the Phaeton as a Porsche.
They will sell Skoda & SEAT.
They will kill the Bugatti Veryon.

11/17, 5:40 PM

posted by:

A4

yeah im definatly looking at this like lanapat7 is
seems way too hostile to make them want to improve VW, rather than kill off any competition they may have from VW/Audi. If the R8 gets ****canned after 3 years im going to make sure we figure out a way to invade stuttgart too.

11/17, 6:53 PM

posted by:

C-Hole

A rebadged, restyled Phaeton sold as a Porsche (Panemera?) with the Cayenne Turbo S engine (or even the GT V10) would most likely blow away the Rapide, not to mention the CLS. That’d be awesome.

I am so bored of the CLS. I really can’t see it being in the same class as a Panemera or Rapide.

11/20, 5:14 AM

posted by:

1c3d0g

I foresee $50,000 VW’s, $100,000 Audi’s, and everything else is way too pricey to mention. Oh, and leather would be optional… :-|

11/20, 12:36 PM

posted by:

lanapat7

Sorry you didn’t like my post.
If you could think without cursing, you would figure out what I was trying to say.

 
 
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