Since the introduction of the 912 model in 1965, Porsche's best selling models have always been their entry level positioned cars. For a number of years, the 912 outsold the 911, some years even at a rate of 2 to 1. The 914 was Porsche's best selling model through the 1970s, that is until the introduction of the 924. Then, the 944 carried that …
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Recent Posts from: volkswagen
914 West Coast Ramble Invades Lake Tahoe
I've been a loud proponent of the 914 movement for quite a few years now. They are fantastic little cars that punch well above their weight class. They may not be the most powerful things in the world, but they certainly have more than made up for that in the handling department. When you can find a well-kept model without the car's unfortunate …
Continue to the full articleIs Porsche Abandoning Their Plans to Take Over VW
Earlier in the day today Porsche SE released a statement indicating their interest in forming closer ties with Volkswagen AG. The release went on to say that if the proposed plans were adopted, the two automotive companies would join to create an "integrated" car maker uniting 10 brands under one roof. But, and this is a big but, still allowing …
Continue to the full articlePorsche to Increase VW Ownership. Expected to be Majority Shareholder.
In a not unexpected move, Porsche announced earlier today they will increase their current 31% ownership in VW to an expected 51%. Porsche has slowly been increasing their position in Volkswagen since mid-2006. Cost of the transaction is estimated at around $20 billion (give or take a bit for debt). The official statement from the company is …
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