PorscheBuyingVolkswagen


Porsche now owns 42.6% of Volkswagen

Just last month, Porsche made another move toward fulfilling its vow to take over Volkswagen. Sunday, Porsche again increased its stake, giving it almost 43% of the Beetle-maker. "The goal remains, as long as the financial conditions are right, to increase [the stake] to 75 percent in 2009 and clear the way for a controlling stake," Porsche said in a press release. After last week's big meeting between the two companies and, more significantly, since Porsche's stated goal is to own 50% of VW by the end of November, this new step is really no ... Read more →

No Content Style Defined.





Autoblog Podcast #158: 'Twas a couple nights before Christmas...

Chris, Editor Paukert, and Dan send the Podcast off for the Christmas holiday in proper fashion

 
 

Subscribe via: iTunes | RSS

Featured Galleries

  • Gran Turismo 5 Demo
  • Spy Shots: 2011 Lincoln MKX
  • Spy Shots: 2011 Ford Edge
  • MINI Beachcomber concept
  • Gold Mercedes-Benz SLS for Dubai Motor Show
  • 2011 Mercedes-Benz E-Class Cabriolet
  • 2011 Audi A1 Graffiti Teasers
  • Reader Spy: SRT-prepped Dodge Journey R/T
  • 2011 BMW Z4 sDrive35is
  • Ferrari P540 Superfast Aperta
  • 2010 Dodge Viper ACR-X
  • First Drive: 2010 Lexus GX460
AOL Autos

Find Your Next Car

Resources

10 Most Searched Cars on AOL Autos

Autoblog Video

Autoblog Green

BloggingStocks

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum