Monday, March 3, 2008

Porsche takes over VW



AFP just reported that Porsche finally increased its stake in VW from 31% to over 50%, thereby taking over the company. We're now one big family with the best of the best in the world - Porsche. It is exciting, despite the union battles ahead to think that more shared projects may be underway in the future (Cayenne and Touareg share the same platform and Porsche is planning to use one of VWs Diesel engine).

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