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porsche-takes-control-of-vw

Porsche is best known as the quintessential sports car maker, but its line-up is increasingly diverse, interesting and successful, from its SUV family to the Panamera hatchback and shooting brake and, in time, a planned family of electric vehicles.

Whatever your choice, What Car?’s testers rate the cars highly; Porsche has an unusually high percentage of five and four-star cars.

Without exception, its sports cars are class leaders or among the class leaders, standing out for combining driving thrills with surprising luxury and comfort. Likewise, its SUVs are among the sharpest handling, as well as offering high levels of practicality and quality. Meanwhile, the Panamera is a true rival to the very best large executive saloons.

Porsche also sees itself as an electric car pioneer and has already enjoyed sales success with its plug-in hybrid range. Its first all-electric sports car is imminent, signalling the firm’s intent to stay relevant for many years to come.

PORSCHE

Porsche has taken a controlling stake in Volkswagen and it could lead to performance and supercar car buyers having less choice. This week, Porsche took its holding in VW to 35.14%, giving it the majority stake in the company. Under German law, it now has to bid for Audi as well. Industry analysts are now predicting that, in the long-term, Porsche will dramatically reduce the number of products that compete for customers within their ranges once it has established control.

Most likely, this will focus on Porsche rivals that are made by the VW-Audi group, such as the Audi R8 and Lamborghini Murcielago. The Bugatti Veyron supercar could also be under scrutiny, as it's rumoured to have made little profit for the company.

Porsche has taken a controlling stake in Volkswagen and it could lead to performance and supercar car buyers having less choice.

This week, Porsche took its holding in VW to 35.14%, giving it the majority stake in the company. Under German law, it now has to bid for Audi as well. Industry analysts are now predicting that, in the long-term, Porsche will dramatically reduce the number of products that compete for customers within their ranges once it has established control. Most likely, this will focus on Porsche rivals that are made by the VW-Audi group, such as the Audi R8 and Lamborghini Murcielago. The Bugatti Veyron supercar could also be under scrutiny, as it's rumoured to have made little profit for the company.

Porsche takes control of VW

*   Porsche gains majority control
*   Next step is to bid for Audi
*   Could lead to less choice for car buyers

NEW REVIEWS:

Porsche takes control of VW

* Porsche gains majority control * Next step is to bid for Audi * Could lead to less choice for car buyers...

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