Oh hi! Just takin’ over Audi.
Porsche just wasn't happy with only owning 31% of Audi. So ummm, they are going to take it over. The board green-lighted (get the automotive pun!?) a 51% stake in Audi. So what does this mean for us? Ummm, well, I don't know. But you may have heard that Porsche will be using a Audi-sourced diesel in the Cayenne.
Tough year for Audi. First the RS Spyder owns the R10 all over the ALMS season and now they own them in the board room.
Posted by .(JavaScript must be enabled to view this email address) on Monday 3/3, 2008
Aaron
Wednesday 3/5, 2008 at 2:53 pm
So wait, VW group is the parent company of Audi which is the parent company of Lamborghini. Now, Porsche has a majority stake in Audiso in turn a major stake (indirectly) in Lamborghini? Conspiracy theories persist
Raza
Monday 3/3, 2008 at 2:22 pm
Sounds good to me!
This little sports and GT car maker was on the verge of bankruptcy not too long ago, and now they’re largest stakeholder in VW and about to take a controlling share of Audi? This sounds like good news to me.
Plus it ensures that I’ll have something equally fantastic with which to replace my Boxster when the time comes.