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Old 09-26-2005, 12:26 PM   #1
komodo
 
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Porsche Buys 20% of VW

http://news.yahoo.com/s/ap/20050925/...che_volkswagen

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Luxury sports car maker Porsche AG said Sunday it plans to acquire a stake of about 20 percent in Volkswagen AG, a move aimed at strengthening ties between the automakers and preventing a future hostile takeover of Volkswagen.
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Porsche said Volkswagen had become "a significant supplier for about 30 percent of our sales volume," as well as "an important partner in development."

The two companies worked together to develop Porsche's Cayenne sport utility vehicle and Volkswagen's Touareg. They recently announced that they, along with Audi AG, were forming an alliance to develop hybrid engines.
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Old 09-26-2005, 01:44 PM   #2
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Wow. I sorta thought VW and Porsche were already joined along with Audi as parts of the VAG group
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Old 09-26-2005, 04:27 PM   #3
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Originally Posted by witeshark
Wow. I sorta thought VW and Porsche were already joined along with Audi as parts of the VAG group
VW and Porsche were never joined or partners.

They just used their Touareg platform and maybe something here and there.
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Old 09-26-2005, 06:53 PM   #4
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haha thats interesting, i think back in the 70's + 80's porsche's 4 cylnder engines were made by VW
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Old 09-26-2005, 07:17 PM   #5
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...And in other news, Porsche's stock drops big time because their car owners do not want to be associated with crappy VWs.

(part of that is true)
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Old 09-26-2005, 07:22 PM   #6
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bmw and merc should get in bed together.
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Old 09-26-2005, 07:24 PM   #7
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bmw and merc should get in bed together.
No...
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Old 09-26-2005, 07:27 PM   #8
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No...
why
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Old 09-26-2005, 07:39 PM   #9
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I am not a fan of MB at all. they do produce some smokin' cars, but their styling for the most parts blows (could you imaging MBs top designer with Bangle?) and the ride quality just sucks imo. I've driven and rode in quite a few and NONE have ever impressed me. I would rather have an audi over a MB any day.
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Old 09-26-2005, 07:47 PM   #10
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no, BMW and porsche should get together, now that would be a killer company
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Old 09-26-2005, 07:49 PM   #11
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whatever the case is, porsche is doing what it has to to remain independent and sticking to its core values. if that means being associated with VW, sobeit, they make quality machines.
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Old 09-26-2005, 08:20 PM   #12
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BMW could use some of that mega HP merc magic.
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Old 09-26-2005, 10:22 PM   #13
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^^^ oh hell yea.... imagine the 6.5L TWIN turbo-charged V12 pumping out 604hp in something like a 5 series.
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Old 09-26-2005, 10:35 PM   #14
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^^^ oh hell yea.... imagine the 6.5L TWIN turbo-charged V12 pumping out 604hp in something like a 5 series.
Then Imagine that you have to have an automatic, that would blow.
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Old 09-26-2005, 10:44 PM   #15
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exactly nick, u got it, seriously its like they dont believe in anything thats manual trannies
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