Porsche to buy VW?

[benyl]

Interesting...

http://money.cnn.com/2005/09/26/news...reut/index.htm

[phreezee]

I thought VW/Audi already owned Porsche, along with Lambo.

[Redlyne_mr2]

Nope Porsche is on its own.

[DJ Lazy]

Originally posted by benyl
Interesting...

That should be interesting to see what happens..

[nich148_9]

I'm sure the VW empire consists of:
VW
Audi
Porsche
Lamborghini
Skoda
Bentley
and more

I wonder why Porsche would duck out and purchase the company that owns them...?

EDIT: Huh, maybe not: http://www.hoovers.com/volkswagen/--...-co-subs.xhtml

They actually own:
* AUDI AG
* Automobili Lamborghini Holding S.p.A.
* Audi of America Inc.
* Bentley Motors Limited
* gedas AG
* SEAT SA
* Shanghai Volkswagen Automotive Company, Ltd.
* SKODA AUTO a.s.
* Volkswagen Group United Kingdom Limited
* Volkswagen of America, Inc.

[Munna]

yeah, seems a little odd to me, how would Porcshe have the money in the first place

[Xtrema]

Read the story..... It wants to buy 20% of VW to defend it from other takeover bid so they can maintain business ties.