kelsielee

Champion Author
Atlanta
Posts:2,573 Points:492,700 Joined:Sep 2008
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Message Posted: Nov 21, 2009 2:01:44 PM
It seems as though we will continue to have fewer, but larger, car companies.
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mmene

Champion Author
Houston
Posts:1,803 Points:437,595 Joined:May 2008
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Message Posted: Nov 20, 2009 4:08:00 PM
Yeah, there is a feeding frenzy in the worldwide auto industry with the strong gobbling up the weak. Or the weak gobbling up the weaker.
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MacGyver_1701

Champion Author
Indiana
Posts:6,752 Points:1,471,735 Joined:Feb 2005
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Message Posted: Nov 20, 2009 12:30:54 PM
The big will absorb the small
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fordmexico

Champion Author
Michigan
Posts:1,529 Points:132,980 Joined:Oct 2009
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Message Posted: Nov 20, 2009 11:18:07 AM
This move actually cleans up a corporate mess begun several years ago. From Wikipedia
"As of 2005, the extended Porsche and Piƫch families controlled all of Porsche AG's voting shares. In early October 2005 the company announced acquisition of an 18.53% stake in Volkswagen Group (VWAG), and disclosed intentions to acquire additional VWAG shares in the future. As of June 2006, the Porsche AG stake in VWAG had risen to 25.1%, giving Porsche a blocking minority, whereby Porsche can veto large corporate decisions undertaken by VWAG."
It was the unusual case of the small company exerting control over a much larger one. Hopefully, this will clean up the mess and allow both companies to move forward with their products and end their squabbles.
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52MPG

Champion Author
Dayton
Posts:1,412 Points:591,815 Joined:Apr 2006
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Message Posted: Nov 20, 2009 10:57:07 AM
More consolidation.
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bluebird1

Champion Author
Toronto
Posts:9,801 Points:1,967,785 Joined:May 2004
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Message Posted: Nov 20, 2009 10:47:21 AM
From what I read, this will make VW the largest car co. As for the two not mixing...actually historically & technically they do.
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206awd250

All-Star Author
Seattle
Posts:946 Points:318,050 Joined:Nov 2008
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Message Posted: Nov 20, 2009 10:45:44 AM
VW and Porsche do not mix.
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ciimike

Champion Author
Nevada
Posts:1,466 Points:287,305 Joined:Aug 2005
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Message Posted: Nov 20, 2009 10:44:45 AM
Porsche and VW. Two cars that really do not seem to go together.
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fitwit

Champion Author
Stockton
Posts:1,353 Points:283,555 Joined:May 2009
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Message Posted: Nov 20, 2009 10:42:04 AM
I wonder if that will change the Porsche advertizements. Remember when V.W. had the best ones! In the days before Geico.
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wolfshadow12

Sophomore Author
Riverside
Posts:247 Points:79,440 Joined:Sep 2009
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Message Posted: Nov 20, 2009 10:40:48 AM
VW just became a lot bigger. Not sure if this makes them better.
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yukonjack

Champion Author
Georgia
Posts:3,693 Points:1,016,150 Joined:Oct 2004
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Message Posted: Nov 20, 2009 10:38:39 AM
I'm not sure what this has to do with gas/oil prices, but maybe Porsche will let VW put one of its engines in the Beetle.
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Lizzylou

Champion Author
Stockton
Posts:3,668 Points:1,331,710 Joined:Oct 2005
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Message Posted: Nov 20, 2009 10:34:43 AM
I too thought that this had already happened!
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Grasshopper53

Champion Author
Texas
Posts:1,149 Points:158,685 Joined:Apr 2006
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Message Posted: Nov 20, 2009 10:33:26 AM
Well said REVLAW!
Back to where these two started. Dr. Ferdinan split off the company and started building Porches.
They revamped the Bug, let's see a bus.
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gilfarm

Champion Author
Alabama
Posts:1,333 Points:849,155 Joined:Sep 2005
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Message Posted: Nov 20, 2009 10:28:21 AM
I thought they were already together.
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PaylessKY

Champion Author
Kentucky
Posts:2,232 Points:486,280 Joined:Oct 2008
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Message Posted: Nov 20, 2009 10:27:45 AM
I hope they know what they are doing.
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applejoe

Champion Author
Twin Cities
Posts:1,799 Points:376,280 Joined:May 2001
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Message Posted: Nov 20, 2009 10:26:52 AM
FlyNFool, I think it might be the other way around.
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ftsgt

Champion Author
Illinois
Posts:7,522 Points:1,507,000 Joined:Dec 2004
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Message Posted: Nov 20, 2009 10:26:48 AM
hadnt heard about this yet
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Blazer197

All-Star Author
New Haven
Posts:764 Points:157,455 Joined:Feb 2009
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Message Posted: Nov 20, 2009 10:25:24 AM
Oh Boy
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jony

Champion Author
Florida
Posts:2,071 Points:656,065 Joined:May 2006
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Message Posted: Nov 20, 2009 10:24:21 AM
does that mean we will get a more expensive car or a cheaper one?
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humblepie

Champion Author
Toledo
Posts:6,943 Points:1,221,320 Joined:Mar 2006
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Message Posted: Nov 20, 2009 10:23:52 AM
vw is a force to be reckened with
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zornave

Champion Author
Louisville
Posts:13,860 Points:2,199,815 Joined:Jul 2001
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Message Posted: Nov 20, 2009 10:22:09 AM
Back during the 1960's era of overwhelming VW popularity a mechanic friend of mind had a Porsche-powered VW minibus-framed pickup truck that he rigged as a small car tow truck. It was capable of 70mph in second gear.
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dabuzman

Champion Author
Seattle
Posts:3,167 Points:864,080 Joined:Apr 2006
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Message Posted: Nov 20, 2009 10:22:03 AM
Will to get things rolling maybe GM, Ford and Chrysler should all join forces and sell only the best and reduce the prices and make all their cars safer. Sell cars with full service they all ready paid for as long as they own their cars. Include oil change and all repairs for life. You have buy tires and gas.
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Sam195

Champion Author
San Bernardino
Posts:2,365 Points:451,955 Joined:Oct 2008
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Message Posted: Nov 20, 2009 10:21:15 AM
Helms, du bist idiot.
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jarrjazz1

Champion Author
British Columbia
Posts:1,939 Points:391,160 Joined:Sep 2008
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Message Posted: Nov 20, 2009 10:20:44 AM
cool stuff
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Helms

Champion Author
Fort Worth
Posts:3,525 Points:1,066,495 Joined:Jun 2005
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Message Posted: Nov 20, 2009 10:18:35 AM
porsche is just an over priced VW anyway.....bout time they merged....
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Texrider49

Sophomore Author
New Haven
Posts:242 Points:149,055 Joined:Dec 2007
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Message Posted: Nov 20, 2009 10:16:41 AM
I THOUGHT THAT THIS WAS DONE YEARS AGO IF I AM RIGHT PORSCHE WAS PART OF VW TO BEGAN OF WITH.
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Rajah

Champion Author
Illinois
Posts:3,959 Points:1,358,010 Joined:Jul 2005
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Message Posted: Nov 20, 2009 10:15:38 AM
It makes historical sense, if nothing else, since the original Volkswagen was designed by Dr. Ferdinand Porsche in the 1930s.
You definitely saw the commonality of design years ago when it was pretty easy to transplant a Porsche 356 engine and transmission into a Beetle for a real sleeper.
[Edited by: Rajah at 11/20/2009 10:17:09 AM EST]
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alphascan

Champion Author
Twin Cities
Posts:2,371 Points:637,665 Joined:Jul 2001
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Message Posted: Nov 20, 2009 10:12:10 AM
What happened to the Porsche/Audi partnership?
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captngasTN

Champion Author
Tennessee
Posts:1,289 Points:258,920 Joined:Jun 2009
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Message Posted: Nov 20, 2009 10:09:22 AM
Good as a VW plant is coming to this state.
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BobbyVA

All-Star Author
Virginia Beach
Posts:694 Points:146,990 Joined:Jul 2009
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Message Posted: Nov 20, 2009 10:08:55 AM
I also thought VM/Porsche had already merged and were one.
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SeerLV

Champion Author
Las Vegas
Posts:2,665 Points:553,235 Joined:Jun 2008
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Message Posted: Nov 20, 2009 10:07:33 AM
The bigger company will have a greater market share.
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FlyNFool

Champion Author
South Carolina
Posts:2,670 Points:544,220 Joined:Aug 2008
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Message Posted: Nov 20, 2009 10:06:28 AM
Maybe a less expensive Porsche is on the horizon.
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DWME

Champion Author
Indiana
Posts:1,028 Points:199,000 Joined:Aug 2009
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Message Posted: Nov 20, 2009 10:04:33 AM
I thought this was already a done deal!?!
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Diesel_Ram

All-Star Author
Dallas
Posts:825 Points:379,170 Joined:Jan 2009
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Message Posted: Nov 20, 2009 10:04:27 AM
Sounds like a good move as long as they continue to satisfy their own perspective buyers.
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BlueVanGroup

Champion Author
Colorado
Posts:1,396 Points:401,180 Joined:May 2008
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Message Posted: Nov 20, 2009 10:04:16 AM
As I recall VW tried to take over Porsche, got overextended, and now Porsche will end up taking over VW. (Don't bite off more than you can chew?)
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zimowski

Champion Author
San Jose
Posts:1,042 Points:465,670 Joined:Nov 2007
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Message Posted: Nov 20, 2009 10:02:24 AM
Not the "People's Car" company for much longer.
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tom11743

Champion Author
North Carolina
Posts:1,740 Points:420,270 Joined:May 2005
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Message Posted: Nov 20, 2009 10:01:51 AM
A good idea, should be a good fit for both companies.
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brew09

Rookie Author
Madison
Posts:47 Points:234,800 Joined:Mar 2009
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Message Posted: Nov 20, 2009 10:01:04 AM
Seems to make perfect sense to me
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Rt118E

Champion Author
Pennsylvania
Posts:1,201 Points:219,340 Joined:Jun 2009
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Message Posted: Nov 20, 2009 10:00:52 AM
I thaught Volkswagen and Porsche were one. It is good news. Makes it stronger so it will keep its plant here going.
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codeman94

All-Star Author
Indiana
Posts:526 Points:155,295 Joined:Jul 2008
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Message Posted: Nov 20, 2009 10:00:48 AM
VW/Porsche would be an interesting duo.
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jd2009

Champion Author
Honolulu
Posts:1,365 Points:391,790 Joined:Jan 2009
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Message Posted: Nov 20, 2009 9:59:19 AM
That's good for VW, now they can raise the price of their cars
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Oldwolf

Champion Author
Raleigh
Posts:1,765 Points:1,088,505 Joined:Dec 2004
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Message Posted: Nov 20, 2009 9:56:41 AM
Seems like a natural combination...early Porsche designs shared the air cooled horizontally opposed engine concept...
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REVLAW

Champion Author
San Antonio
Posts:4,505 Points:856,250 Joined:Jul 2007
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Message Posted: Nov 20, 2009 9:54:18 AM
It would appear the "american work ethic" has been greatly degraded if not eliminated under the "control hungry" democrat lead, and other countries along with foreign based corporations are rapidly taking advantage of the vacuum.
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gas_too_high

Champion Author
Columbus
Posts:3,232 Points:819,145 Joined:Aug 2005
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Message Posted: Nov 20, 2009 9:53:20 AM
I can't say this is overly surprising. VW already owns Audi, and the recession is putting pressure on German automakers to consolidate.
And, I must admit, having one company make both the VW Beetle and the Porsche Carrera is pretty cool.
GTH
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BillHeatherL

Champion Author
Alberta
Posts:1,968 Points:821,435 Joined:Apr 2007
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Message Posted: Nov 20, 2009 9:51:39 AM
time will tell who it is good for
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CptnCanada

Champion Author
Saskatoon
Posts:1,916 Points:282,075 Joined:Jun 2008
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Message Posted: Nov 20, 2009 9:50:49 AM
A Porsche powered "Peoples Wagon"? or a VW powered Porsche?
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148366

Champion Author
Spokane
Posts:3,646 Points:918,250 Joined:Apr 2007
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Message Posted: Nov 20, 2009 9:50:22 AM
Time will be the telling factor in this move.
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Japsmith

Champion Author
Tacoma
Posts:1,625 Points:225,780 Joined:Sep 2007
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Message Posted: Nov 20, 2009 9:48:19 AM
All part of the smoke and mirrors in the auto industry numbers to make VW on top with the purchasing of Porsche. The funny thing is that it was reported that Porsche attempted to buy out VW earlier in the year. Maybe if Toyota wants to play that game they could say that they are buying Honda or Nissan and put their figures together too.
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squeakyUT

All-Star Author
Salt Lake City
Posts:868 Points:210,575 Joined:Jun 2009
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Message Posted: Nov 20, 2009 9:44:32 AM
I understand VW already has Porsche engines in them so I'm not surprised at the possible merger.
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VTROCK

Champion Author
Detroit
Posts:1,149 Points:256,085 Joined:Sep 2008
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Message Posted: Nov 20, 2009 9:43:12 AM
They passed Toyota as the #1 automaker i nthe world and now they are going to expand at the high end of the market. The US sure came out on top in WWII.
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