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PorscheLoss

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    Porsche suffers $6.6B loss thanks to VW share writedowns
    1258466280

    In 2008, Porsche ended its year with a ginormous 8.5 billion euro profit. Pretty amazing for a company that only makes 100,000 vehicles per year. Or not. As it turns out, Porsche's profits had everything to do with the German automaker's plan to buy out the much larger Volkswagen Group, and ...

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