After the unsuccessful takeover bid of Volkswagen by Porsche, Volkswagen is now reversing the bid and taking over Porsche to form the world’s largest automaker. Will we be seeing Porsche hatchbacks or Volkswagen roadsters? Or even a mid engined V10 Porsche? Whatever the outcome, it’s great news for Porsche fans. While Volkswagen as a group brings the average fuel consumption down to meet Euro CO2 requirements, Porsche will still be able to produce fire breathing 911 Turbos. A Win win for all involved I’d say.
Porsche takeover will make Volkswagen world’s number one – Corporate News – livemint.com.
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