Porsche shares dropped more than 10% after it announced plans to raise stakes in Volkswagen AG to 20% from the 5% it holds currently.
Looks like investors are not as confident of Porsche’s plan as Porsche are.
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About the Author
After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history. An avid electronic gadget aficionado as well as big-time coffee lover, he's also the executive producer of the Driven motoring TV programme.
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Next Story: Mazda5 Recall
Wah, better shhh jek.
stay tune when they want to buy some shares in proton.. LOL
Wait and see….
ANyone got news / picture about the latest Honda city going to lauch next month? Paul do you have?
Important News!! China made car news!!
CRASH TEST RESULTS……..3,2,1……ZERO!! YES is ZERO STAR!!
Who want to try!! GOOD LUCK my friends!!
Check this out: http://response.jp/issue/2005/0927/article74667_1…
funny artical……..proton is better than chevy
i tink investors are concenred abt the size of the investment,a relatively small company buys 20% in europs largests car maekr obviously concerns investors,i tink porche paid around 3.2bil euros n dats alot of money for porche,bt investors are worried abt the state of vw,alot hapening at the boardroom.nt even considering that thy r laying off some 10,000 jobs,so porche investors tink its a biger risk that thy hoped for,bt give it time to consolidaTE,no doubt thy wil be successful…oh btw,lets nt vomit today n talk abt stupid chevys n junk chinse cars that cant even get a single star for safty!
That Chery crash test looks deadly.
Too bad I can't read Jap.
narrowband said,
September 28, 2005 @ 1:58 pm
That Chery crash test looks deadly.
my..my..my..i would rather consider "sawwy" …built tough
As told before, COPY will never be the same. NOW is COPY only the SKIN, internal REINFORCEMENT was deleted from the ORIGINAL. See China cars!! Still very far…….POTONG is still a better choice!!…WAJA go 4 stars!
narrowband: you can translate it using altavista.com
DOG THE WAN: That china car must be the pirated version one. LOL!
China no problem, 1 dead, got 1 billion more……..life is cheap there……ahaks……