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Volkswagen takes 49.9 percent stake in Porsche AG

Cue Ennio Morricone and the symphonic accompaniment to the endgame: VW has officially taken a 49.9% stake in Porsche. VW paid €3.9 billion ($5.75B U.S.) for its cut, "based on the enterprise value for Porsche AG calculated under a careful due diligence and valuation procedure." That's a few shades more than the €3.3 billion amount VW was saying it would pay a few months ago. In acquiring Porsche, VW not only gains a premium brand that is still among the most profitable in the business, but VW expects its operating profit to jump by ... Read more →

More details leak out about Porsche's reported plan for entry level model Jeremy Korzeniewski

Remember the Porsche 914? Most Porschophiles do, although some choose to forget the mid-engined sportscar built from 1969 through 1976. But the four-cylinder model was something of a sales success ...

Did you think the VW-Porsche deal was done? Nein. Jonathon Ramsey

When Volkswagen and Porsche sat down at dinner to discuss which one was going to eat the other one, they forgot to invite the German tax man. After VW came to terms with Porsche to take a 49.9% stake ...

Look Who's Talking Again: Porsche, VW resume negotiations Jonathon Ramsey

The way things read, Porsche might not have to get a merger deal done with Volkswagen, but it would appear to be in the carmaker's best interests if it does. The holdup seems to be Porsche – ...

Porsche backing off from taking majority stake in VW this year Frank Filipponio

Looks like Porsche won't be feasting on more shares of VW for Thanksgiving. Porsche has apparently decided to postpone its move to buy a majority stake in Volkswagen due to the global economic ...

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REPORT: Porsche considering 914 revival 1 year ago on Autoblog

Once every 40 years or so, when the stars are aligned just right, there arises the cosmic possibility for Volkswagen and Porsche to collaborate on a small sportscar. The stars in question seem to be Porsche chairman Dr. Ferdinand Piech, a spirit of takeover cooperation between the two German ...

European Court strikes down VW Law, Porsche takeover now possible 2 years ago on Autoblog

While Porsche has been gobbling up stake in Volkswagen for about a year, a little piece of legislation called the VW Law has been the only thing preventing the sports car builder from gobbling up the giant German automaker. Currently Porsche holds a 31% stake in VW, but with news today of the ...

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

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