What's going on at Porsche?

Discussion in 'Fine Living, Home, Design & Auto' started by DNW, Jul 23, 2009.

  1. DNW

    DNW Senior member

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  2. culverwood

    culverwood Senior member

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    I really hope the engineer and car man Piech wins this battle.
     


  3. JayJay

    JayJay Senior member

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  4. Hennessy

    Hennessy Active Member

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    I really find the case interesting. The Piëch and Porsche families owns the largest share of Porsche today and they also own a big part of VW. They claimed that they would use the money from a potential Porsche sale to VW to buy a larger share of VW. Seems like an ideal position to be in.
     


  5. Sherlockian

    Sherlockian Senior member

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    I thought this was going to be a snarky thread about the styling of the Panamera.

    Which is fugly.
     


  6. CodeRed

    CodeRed Senior member

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    Porsche tried to take over VW, but VW will wind up owning Porsche. CEO/CFO loaded up on too much debt at just the wrong time given the capital mkts...their heads rolled.
     


  7. Joffrey

    Joffrey Senior member

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    Porsche overleveraged themselves trying to buy VW. Now they're fucked because of massive debt, so bye-bye independent porsche.

    Edit: Oops, didn't read CodeRed's post before I posted.
     


  8. TheFusilliJerry

    TheFusilliJerry Senior member

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    I thought this was going to be a snarky thread about the styling of the Panamera.

    Which is fugly.


    not as bad as the fucking SUV. i don't care how many they sell, its a shame that they made one. i can't even begin to.., ughh [​IMG]
     


  9. hypersonic

    hypersonic Senior member

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  10. greg_atlanta

    greg_atlanta Senior member

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    not as bad as the fucking SUV.

    But it subsidized the rest of the model line for years and kept the company afloat. The sports car market is fickle.
     


  11. Joffrey

    Joffrey Senior member

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    I used to like the Cayenna but I think it's fug now. anyway, I support the company doing what it had to do to continue making their regularly sports cars. The Panemara...not so much.
     


  12. TheFusilliJerry

    TheFusilliJerry Senior member

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    But it subsidized the rest of the model line for years and kept the company afloat. The sports car market is fickle.

    i know i know they sell more of those than all the others combined still i hate to see rich nj houswives who don't know how to drive with those things [​IMG] .


    [​IMG]
     


  13. JayJay

    JayJay Senior member

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    But it subsidized the rest of the model line for years and kept the company afloat. The sports car market is fickle.
    This is very much true, but I'm still not a fan of the SUV and even less so of the 4-door sedan; however, I'm glad Porsche did what it had to do to keep producing sports cars.
     


  14. Casey

    Casey Senior member

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    This is very much true, but I'm still not a fan of the SUV and even less so of the 4-door sedan; however, I'm glad Porsche did what it had to do to keep producing sports cars.

    Exactly. Business is business, and sometimes you just have to give in to the consumer.
     


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