vw sellling?

This just came to my attention, I work at BMW now, but still….any thoughts? p.s. paul I tried to provide the link but it was sent to me in Adobe Acrobat….can I attach it somehow? Maybe soon there will be one German Automaker….DaimlerBavarianVolkswagenPorscheChrylser AG!!!!

FRANKFURT, SEPT 30(REUTERS)- German carmaker DaimlerChrysler wants to buy a stake of around 20 percent in Volkswagen, German magazine Focus reports Friday, citing supervisory board sources. A board source at Saimler told Reuters that ther were no plans to buy the stake, and Called the report “”pure speculation”". VW declined to comment on the report.
According to the report, outgoing chief Juergen Schrempp was in favor of the idea but left the final decision to successor Dieter Zetsche, who wants to complete the deal by March of 2006. Talks are already at an advanced stage.
The Focus report comes on the heels of Sundays news that German luxury brand Porsche aims to buy a 20 percent stake in VW to prevent a hostile takeover of Porsche by VW threatening the carmakers business ties.
Focus also reported perhaps VW would buy a small share in DaimlerChrysler, forming a cross-holding, though these reports were denied.
“”Volkswagen raised the subject many times in the past but it never led to a result”" said a Benz spokesperson. “”There are areas where research and development where it makes sense for us to partner up and split costs”", he continued, citing hybrid collaborations between Porsche and VW and Toyota, and diesel talks between VW and Mercedes, and other talks of sharing between BMW, Mercedes and General Motors.

Post edited 09/30/05 1:02 PM by jasenm

Post edited 10/11/05 3:58 PM by jasenm

September 30, 2005 · Filed under Uncategorized

7 Comments »

  1. shawniece Said,

    September 30, 2005 @ 1:08 am

    vw sellling? – Hey, I always wanted a Porsche! Sexy!

  2. jasenm Said,

    October 4, 2005 @ 9:06 am

    vw sellling? – lol

  3. jasenm Said,

    October 11, 2005 @ 3:50 am

    vw sellling? – any more info on this?

  4. Beck Said,

    October 11, 2005 @ 4:01 am

    vw sellling? – It’s Caravanagon time everybody!!!!!
    Passirrus??
    Jetteon??
    PTheaton Cruisers??
    Sebricco??
    Concorrado???

  5. jasenm Said,

    October 13, 2005 @ 4:42 am

    dont you mean
    weak
    weak, dont you mean – PT Beetle
    A8L 300C
    Stretta
    Touarango powered by the HEMI-TDI.
    Golf+Neon = Goon
    Passat+Cherokee+Allroad+OUCH

  6. jasenm Said,

    October 20, 2005 @ 7:14 am

    what do you think, paul takeda? – you never posted, im so dissapointed, even shawniece did. (who is that)

  7. jasenm Said,

    November 25, 2005 @ 5:49 am

    TOUAREG WALK AROUND – JASEN MUMMERT, VW OF ORLAND PARK SALESMAN, WON THE CHICAGO AREA COMPETITION AND FINISHED TIED FOR 7TH NATIONALLY. VW DOES NOT SUCK, IN FACT THEY ARE ONE OF THE BEST BUILT CARS THAT ARE AVAILABLE TODAY.

    Post edited 11/28/05 7:14 PM by jasenm

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