Porsche wants a bigger piece of Volkswagen
Posted Jun 23rd 2006 4:26PM by Erin Mays
Filed under: Euro, Porsche, Volkswagen, Earnings/Financials
Porsche AG is on its way to becoming a blocking minority stakeholder in Volkswagen AG, attempting to raise its stake in the struggling automaker by 3.9 percent of total shares to a total stake of 25.1 percent. The only thing standing in its way at the moment is clearance from the German Cartel Office.
Porsche, which is already the largest single stakeholder in VW, will be able to exert more influence over Volkswagen once the deal is done. As German laws are relaxing on how much of a company an individual stakeholder can own, Porsche's move is being looked at as a way to ensure that Volkswagen doesn't become a takeover victim.
[Source: Forbes, Reuters]
Tags: majority stake, MajorityStake, Porsche, stakeholders, takeover, volkswagen AG, VolkswagenAg
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Reader Comments (Page 1 of 1)
Fabulo @ Jun 23rd 2006 4:54PM
When you say Volkswagen, you really mean Volkswagen AG, the VAG company, the one owning all those brands like Audi, SEAT, Lamborghini, Volkswagen, Škoda, Bentley, Bugatti brands, right?
Soon coming, the PVAG, Porsche, Volkswagen, Audi group.
Casey @ Jun 23rd 2006 9:55PM
Hopefully Porsche will become a major stake holder in VW and be able to leverage more of VW's resources to build even more outstanding Porsches and help VW turn around in the process.
Todd @ Jun 24th 2006 1:57AM
The return of the 914 is at HAND!!!!
Richard Warren @ Jun 24th 2006 8:23AM
You haven't lived until you've driven a 914 6 over speed on a wet road and it comes around on you. It would be great if they brought on back. What a thought #3
bhtooefr @ Jun 25th 2006 10:50AM
#4 Richard Warren: Technically, isn't the Boxster the indirect successor to the 914?
Still, I like the looks of the 914 better...
So, maybe make a 4-cyl Boxster, make the styling like a modernized 914, and sell 'em as the Volkswagen New 914?
andy appan @ Nov 20th 2006 3:52PM
Technology for 143 MPG Car
.
ENGINE INDEX = HP/Hour/ 1 Lit FUEL
TRANSPORT INDEX = 100/ Weight/KMPL
AVAILABLE
Tecgnology for 2 T 5 Seater
100 hp / 660 cc 160 kmph Fuel 2.64 Lit/hr
kmpl=160/2.64= 60 kmpl *2.36 = 143 MPG
150 hp/1000 cc nor asp
andy appan @ Nov 20th 2006 3:58PM
Technology for 40 Seater BUS 60 MPG
ENGINE INDEX = HP/Hour/ 1 Lit FUEL
TRANSPORT INDEX = 100/ Weight/KMPL
AVAILABLE
Tecgnology for 20 T 40 Seater
250 hp / 1500 cc 160 kmph Fuel 6 Lit/hr
kmpl=160/6= 26 kmpl *2.36 = 60 MPG
150 hp/1000 cc nor asp
andy appan @ Nov 20th 2006 4:05PM
Technology for 755 MPG 20 hp/100 cc 2W
ENGINE INDEX = HP/Hour/ 1 Lit FUEL
TRANSPORT INDEX = 100/ Weight/KMPL
AVAILABLE
Tecgnology for 300 kg 2 Seater
20 hp / 100 cc 160 kmph Fuel 0.5 Lit/hr
kmpl=160/0.5= 320 kmpl *2.36 = 755 MPG
150 hp/1000 cc nor asp
andy appan @ Nov 26th 2006 7:17PM
BUS 20 Ton 40 seater 63 MPG 160 kmph
.
ENGINE INDEX = HP/Hour/ 1 Lit FUEL
TRANSPORT INDEX = 100/ Weight/KMPL
AVAILABLE
Tecgnology for 20 T 40 Seater BUS
250 hp / 1500 cc 160 kmph Fuel 6 Lit/hr
kmpl=160/6= 26.6 kmpl *2.36 = 63 MPG
andy appan @ Nov 28th 2006 6:31PM
Transport Index = 100 / weight / kmpl
POWER TRAIN . TRANSPORT
ANDY ENGINE , AIR BEARING , JET.
10 hp/50 cc…1500 hp/ 10 Lit…..2.4 Mn hp/16 kLit
END….Volume……......HP/Hr…..HP/Hr .
USE….CC…….....HP…../Lit……/Gallon COST $.
2 W, 50,,,,,, 10,,, 50,,,,189.,,,,,, $ 200
2 W,,125,,,,,,25,,,,50,,,,189,.,,,,,,$ 300
2 W
CAR…250 ,,,,,.50,,,,,50,,,,189,,,,,, $ 500
CAR.500,,,,,,,80.,,,,40,,,,151,,,,,, $ 1100
CAR..1000,,,,160,,,,,40,,,,151,,,,,,,$ 2200
BUS..1500,,,,240,.,,,40,,,,151,,,,,,,$ 3300
BUS
Truck…2000,,.300,,,,37.5,,,,142,,,,,,,$ 4400
TRUCK.3000..…450,.,,37.5,,,,142,,,,,,,$ 6600
TRUCK.4000..…600,,,,37.5.,,,142,,,,,,,$ 8800
Mono
Rail,,,80 Lit.12,000 37.5 ,,142,,,,,,,$10Mn
SHIP….50 Lit ,7500 ,,,37.5,,142,,,,,,,$ 3 Mn
Ferry.100 Lit 15,000 .37.5. 142…….....$ 5 Mn
VLCC 16,000 Lit.2.4 Mn..37.5…142……....$ 500Mn
Appan….91 044 4218 7716
andy appan @ Dec 2nd 2006 3:18PM
CHALLENGE Car 1000 kg 1200 kmph 150 hp/1000 cc NorAsp
Fuel 4 Lit/hour 1200/4=300 kmpl = 700 MPG Nor Fuel
Cost$ 50,000 VC 1 Mn$ Plant 100 Mn$