Wednesday, July 30, 2008

Porsche closer to drivng VW



THe families controlling both companies have long been linked, and now it seems that a deal for Porsche, the self-billed 'world's most profitable automaker' to acquire majority stake in Volkswagen, Europe's largest, is all but done. With both companies pushing to introduce new models in several categories (Porsche's latest?: a 4-door hi-performance sedan named the Pannamera) it should be interesting to see what 'Porsche-Wagen' has to offer the market.

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