YOUR RESEARCHPorsche gains control of Volkswagen
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News on business sites today: German luxury car maker Porsche today said it has raised its stake in German automaker Volkswagen(VW) to more than 35 per cent, a move that it believes will give it effective control over Europe's biggest carmaker.
I'm still not sure if this is a good thing or not. Haven't looked at the numbers lately, but it's just a risk for Porsche, even though they could share a lot more technology among all the marques....
Where in the f#%@ does a car company that sells 50,000cars a year ,even at 100% profit get that much $$$ ? Thank you.
Denying warranty claims and charging high prices for service and parts as well as making huge profits on every car it sells. Now multiply that by years.......
...and liscensing royaltees...can you say "farfegnugen"??
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