924Board.org

[Khal]

An interesting turn of events. I would've expected it to be the other way around...
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'80 924 Turbo

[Tigger937]

Naw, actually Porsche is doing quite well.
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1981 931 (Concours)
1982 931 (Daily Driver)

"Think outside the box"

[bryanc]

I thought Porsche was privately held. I heard that Porsche stock took a dive upon announcement of the buy. I guess it's not??
wow the avitar is gone again?
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'84 944
I'd rather have a bottle in front a' me than a frontal lobotomy
Tom Waits

[Tigger937]

Unlike most American Companies, Porsche is NOT interested in maximizing short term profits, but rather securing it's future. They are very good at not getting in over their heads.
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1981 931 (Concours)
1982 931 (Daily Driver)

"Think outside the box"

[Raceboy]

Hehee, guys, that would make Porsche the owner of Lamborghini and Bugatti....
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'83 924 2.6 16v Turbo, 470hp
'67 911 2.4S hotrod
'90 944 S2 Cabriolet
'78 924 Carrera GT replica
'84 928 S, sold
'91 944 S2, sold
'82 924S/931 "Gulf", sold
'84 924, turbocharged, sold.
http://www.facebook.com/vemsporsche

[timstar92404]

I always thought Porsche owned VW, like honda and acura, toyota and lexus etc.
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78 924 sold.
85.5 944

[CBass]

[Mike924]

I think, until recently, one of the Porsche family was chairman of VW.

Tim, Porsche does not own Honda, Accura, Toyota and Lexus!
(I knew what you meant, really! )
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1985 Porsche 924 'Lux', Kalahari Beige (my ex)
1993 Porsche 968 Coupe, Midnight Blue, 6 spd

'There is no substitute for a little grease under your fingernails.' - Chrenan, 924board.org

[Khal]

I did know Porsche's an independant manufacturer.

I know they do more than just manufacture cars (apparently they have a strong engineering consultancy) but after reading in recent years their sales were slipping and then seeing them make the SELL-OUT Cayenne, I thought they might be in trouble.

I was wondering how long it'd be before one of the conglomerates bought Porsche (I was ready to end it all if Ford bought it )

So I was surprised to find out they were in a strong enough position to buy a fifth of VW.

Good on 'em!
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'80 924 Turbo

[Llamaguy]

I didn't know it was publicly traded, hmm, that gives me something to invest in.

I think it would be the end if Ford OR GM bought Porsche, if that happened, I guess I would have to be a strictly Ferrari guy
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1987 924S Guards Red
1997 Suzuki Tl1000 Supersport

[Mike924]

[Carris]

Ferrari are owned by Fiat, which is no better than GM or Ford really, apart from it being italian, which I am not sure if that is good or bad.

I think a fair amount of Porsches work is in consultancy, like lotus, they are a very big engineering consultancy who happen to also make cars.
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Chris

[Viking]

[timstar92404]

its weird how gm owns everything now, like the own Saab, I heard jaguars are owned by gm also and so is Land Rover. I could be wrong.

I think gm also owns Opel.

I think there are lots of rumors people hear about porsche and other cars.

my dad thinks that the porsche boxster is not really a porsche because it has a vw engine. I'm pretty sure tha'ts incorrect I guess he must be thinking of the 924.
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78 924 sold.
85.5 944

[Carris]

Saab is owned by GM, Opel has been owned by GM for a long time.
Ford owns jaguar, aston martin, land rover, volvo and mazda.
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Chris