Wednesday, March 5, 2008

Porsche And Volskwagen

Porsche is denying it wants to consummate its incestual relationship with Volkswagen.

Some wags say Porsche only bought Volkswagen shares to insure it will have plant capacity to produce its veeery profitable Cayenne model.

Now the current CEO, Dr. Wendelin Wiedeking (who is concurrently the President), has done a remarkable job of turning things around when he took over. The Herr Doktor, by the way, is an engineer.

But what is Herr Doktor Engineer up to...

Oh, takeover will only happen over Ferdinand Piƫch's dead body.

And... there is the matter of "Volkswagen Law". Which protects Volkswagen from takeovers.

But what is Herr Doktor Engineer up to...