A week old, but still interesting. Porsche’s attempts to achieve majority stake in VW fell short this last year due to the global economic downturn. Instead of Porsche taking over VW, it looks like they’ve decided to… merge.
While Porsche may now own Volkswagen, the saga is likely far from over. So long as Lower Saxony retains the power to stop changes at Volkswagen, they can effectively nullify Porsche’s actions. Acquiring a majority stake, though, makes it clear that Porsche is serious about this takeover and expects to win its court battles. However, if it fails to get the “Volkswagen Law” repealed, Porsche will simply be a majority shareholder of Volkswagen, but will not actually be able to control the company. Given that the European Commission has sided with Porsche, though, it’s like that Lower Saxony will lose its blocking power sooner or later and Porsche will be able to take complete control of Volkswagen. Considering how hard fought the takeover has been so far, it’s not likely the issue will be complete resolved soon — or neatly.
No, I’m not talking about the upcoming election. I’ve spent the summer annoyed with spammers, so finally my previous threat has proven true. Welcome to WordPress. I’ve moved all posts and comments over, and no one should have any trouble logging in with their username and password.
I’ve made VWVictim an Editor along with peterd1965 and good old rick, the original author of VW Sucks.
So welcome. And here’s the new Scirocco to get things started.
(you can post YouTube videos simply by pasting the URL except changing the http:// to httpv://)
The fact of the matter is; No American should be buying a non American car. Times are tough. Americans should be rallying behind American car makers. No American should be buying a car from a manufacturer that basically say’s; “Fuck American car buyers. they are stupid enough to buy Volkswagen. Fuck them”
I think that perhaps someone is trying to bury this site. When you try and send an e-mail to paultekeda it comes back as “Not Found”. This at the same time that someone is posting pornography on the site. Interesting.
I own a 2002 cabrio which i am still making payments on. I have spent nearly $2000 on various mechanical failures in the last year alone, that should not be occuring with only 85,000 miles. I am contemplating getting soemthing different, but am only 10 months from paying the thing off. Any suggestions?
Hi All, I have been trying to find a site that would give me a walkthrought o replacing my MAF, and cannot seem to find anything anywhere…. not bad with cars, but not a mechanic either… My car keeps bogging out on me, so I read somewhere to unplug the MAF to see if that was it… low and behold, it turns out that the MAF is bad/dead/needs cleaning…. anyone that could help out?