Porsche-VW: The Qatar Gambit

Porsche-VW: The Qatar Gambit


Posted Monday, June 8, 2009 - 2:56pm

I now officially have no idea what’s going on with the Porsche-Volkswagen takeover merger Teutonic melodrama. It was just a short while ago that it seemed all was lost for ambitious Porsche CEO Wendelin Wiedeking, outmaneuvered by VW’s imperious chairman, Friedrich Piech. But no! Enter … Qatar in alliance with Wiedeking to provide cash to lessen Porsche’s debt load. Hey, I’m rooting for Porsche in this one, but who knows what’s next?

  • Matthew DeBord has written about the auto industry for the Washington Post, the Los Angeles Times, the Huffington Post, and Car Design News.

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