Porsche will plea for shopping spree in January

You know a blogger’s sleep deprived when his titles start rhyming, but I had to post on this bit of news before my head hit the pillow. Inside Line isreporting that Porsche will ask its shareholders in January to amend the company’s statutes to allow foreign acquisitions. What does this mean? Basically Porsche is asking its shareholders for the company credit card to go shopping around the world for more brands to buy. Porsche already purchased a 20% chunk of VW this year, but apparently its business plan for the years ahead involve branching out beyond its borders. No one knows if and when Porsche will attempt to purchase a stake, controlling or otherwise, in another automaker, but it’s fun to speculate who could end up in the company’s shopping cart. Will it go slumming for an economy brand or try to add a venerable luxury marque to its portfolio? What’s our best guess? Off the top of our heads, Saab. What’s yours?

By John Neff
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You know a blogger’s sleep deprived when his titles start rhyming, but I had to post on this bit of news before my
head hit the pillow. Inside Line is reporting
that Porsche will ask its shareholders in January to amend the company’s statutes to allow foreign acquisitions. What
does this mean? Basically Porsche is asking its shareholders for the company credit card to go shopping around the
world for more brands to buy.

Porsche already purchased a 20% chunk of VW this year, but apparently its business plan for the years ahead involve
branching out beyond its borders. No one knows if and when Porsche will attempt to purchase a stake, controlling or
otherwise, in another automaker, but it’s fun to speculate who could end up in the company’s shopping cart. Will it go
slumming for an economy brand or try to add a venerable luxury marque to its portfolio? What’s our best guess? Off the
top of our heads, Saab. What’s yours?