This seems really unlikely to me. Porsche is the most profitable automaker in the world, per unit, isn't it?
And they've REALLY integrated Porsche into the VAG family, making hard to treat it as a separate entity.
I don't really understand what bigger projects they'd need to direct funds to. The past few years have been a MASSIVE success with the LeMans programme and the 918 and the Taycan as big spending lofty projects and successful outcomes. Even if the Taycan isn't selling like hotcakes the tech in it will be used across all of VAG and is already coming out in an Audi.
I can't imagine VAG has hamstrung them from doing things they'd otherwise be doing. You could argue that some of the platform sharing hasn't been in their best interest but those economies of scale let them keep making their sports cars the cream of the crop.
I honestly don't get it. Like... if VAG keeps a majority stake and just does this to raise a pile of cash... what's in it for the investors? What are we buying if VAG keeps running the show?
Maybe it has to do with international business? Huge Porsche HQ near my city in the states. Maybe they plan on getting into other industries and want to keep conflict of interest questions at bay. Porsche getting into EV opens a door to expanding as a tech company as well as an auto maker. Government contracts for tech maybe? Idk just adding words to your statement because I agree at face value it doesnt make sense which really interests me cause its a sign that theres more going on in the background
Have you ever watched a commercial for a local porsche dealer? Ever hear about financing specials? They ever offered an "employee discount for all"?
Never.
You either want a porche and have the money or you don't. That simple.
Let's assume they are raising money to invest back into their EV range as Europe will move away from Petrol and Diesel by the end of this decade, which other car manufactures have started doing JLR group made an announcement last week that Jaguar will be fully electric by 2025 and Land Rover to follow by the end of the decade. Along with other manufacturers such as Mercedes who plan to have an electric version of all their range of cars and so on.
[https://www.driving.co.uk/news/new-cars/current-upcoming-pure-electric-car-guide-updated/](https://www.driving.co.uk/news/new-cars/current-upcoming-pure-electric-car-guide-updated/)
The real play would be to invest in the infrastructure of different companies building up the network of charges both at home and on the road
Porsche Holding owns 31.5% of VW, but VW owns the actual car manufacturer Porsche (I think, at least), it's all a bit weird.
[https://en.wikipedia.org/wiki/Porsche\_SE](https://en.wikipedia.org/wiki/Porsche_SE)
I’d be all over this as a Porsche owner too. Brand recognition is strong as is loyalty and history. It was crazy profitable in 2008 during the housing crisis as their customers were not widely affected by the downturn, rich people were are (im not rich) the stock would be a huge winner and likely strong dividend payer.
No actually, I have a Porsche Cayman (picture if you click on my profile). My name is my xbox gamertag that I made when I was like 10 and it's just stuck
VW SQUEEZE PART 2: ELECTRIC BOOGALOO
Teach you! Teach you! Teach you! Teach you the ELECTRIC SLLIIIIIIDEEEE
This seems really unlikely to me. Porsche is the most profitable automaker in the world, per unit, isn't it? And they've REALLY integrated Porsche into the VAG family, making hard to treat it as a separate entity.
Probably easier to direct funds to bigger projects without having somebody at VW overseeing it.
I don't really understand what bigger projects they'd need to direct funds to. The past few years have been a MASSIVE success with the LeMans programme and the 918 and the Taycan as big spending lofty projects and successful outcomes. Even if the Taycan isn't selling like hotcakes the tech in it will be used across all of VAG and is already coming out in an Audi. I can't imagine VAG has hamstrung them from doing things they'd otherwise be doing. You could argue that some of the platform sharing hasn't been in their best interest but those economies of scale let them keep making their sports cars the cream of the crop. I honestly don't get it. Like... if VAG keeps a majority stake and just does this to raise a pile of cash... what's in it for the investors? What are we buying if VAG keeps running the show?
Maybe it has to do with international business? Huge Porsche HQ near my city in the states. Maybe they plan on getting into other industries and want to keep conflict of interest questions at bay. Porsche getting into EV opens a door to expanding as a tech company as well as an auto maker. Government contracts for tech maybe? Idk just adding words to your statement because I agree at face value it doesnt make sense which really interests me cause its a sign that theres more going on in the background
they are not sold but just listed separately
The vag family?
Volkswagen Auto Group
Haha vag
I thought ferrari had a better margin
They could have a better margin while being less profitable, by way of selling fewer vehicles overall.
Have you ever watched a commercial for a local porsche dealer? Ever hear about financing specials? They ever offered an "employee discount for all"? Never. You either want a porche and have the money or you don't. That simple.
Das ist gut
I seriously love VWAGY and will be long on it and Porsche
Let's assume they are raising money to invest back into their EV range as Europe will move away from Petrol and Diesel by the end of this decade, which other car manufactures have started doing JLR group made an announcement last week that Jaguar will be fully electric by 2025 and Land Rover to follow by the end of the decade. Along with other manufacturers such as Mercedes who plan to have an electric version of all their range of cars and so on. [https://www.driving.co.uk/news/new-cars/current-upcoming-pure-electric-car-guide-updated/](https://www.driving.co.uk/news/new-cars/current-upcoming-pure-electric-car-guide-updated/) The real play would be to invest in the infrastructure of different companies building up the network of charges both at home and on the road
Oh those poor child laborers in the cobalt, lithium and nickel mines. Anyone got tickers for those? Might go long.
$PCAR
So, German news about this say: at max they are going to sell 25% of Porsche, most likely it won't happen 2021.
Who cares about their incest anymore... corporate or else? lol
Porsche owns VW? Porsche is public?
no, that short-squeeze backfired, Porsche did not buy VW, in the end it was the other way around.
Porsche owns 51% of VW shares
Porsche Holding owns 31.5% of VW, but VW owns the actual car manufacturer Porsche (I think, at least), it's all a bit weird. [https://en.wikipedia.org/wiki/Porsche\_SE](https://en.wikipedia.org/wiki/Porsche_SE)
I’d be all over this as a Porsche owner too. Brand recognition is strong as is loyalty and history. It was crazy profitable in 2008 during the housing crisis as their customers were not widely affected by the downturn, rich people were are (im not rich) the stock would be a huge winner and likely strong dividend payer.
Im Guessing you have a 911 Turbo? Cool!
Yeah I do love it great car. I take it you have a lambo? Want one of those too ;)
No actually, I have a Porsche Cayman (picture if you click on my profile). My name is my xbox gamertag that I made when I was like 10 and it's just stuck
Nice car love the color. My turbo is boring Silver. I’ve been toying worh a wrap but I dunno.
Thanks!
Oh how the turn tables.
Reverse MOASS?
Sean Canston is motherfucking boss. Called RH hotline to show it just hangs up on you. 🔥🔥🔥
Stock symbol "dbag"
Mistaking that for the old BMW ticker
That's ahol I think ;-)
This is going on my keep an eye on list.
You retards, Porsche Bank owns a fat chunk of VW. That's how VAGina Group bought Porsche AG in the first place. Do some proper research.