03-27-2012, 04:26 PM #1
Volkswagen and Porsche Merger likely dead but companies still expanding ties
This whole VW and Porsche saga just keeps getting more and more confusing. Porsche is facing numerous lawsuits that Volkswagen does not want a part of due to the financial liability that would be involved. Deutsche bank analyst Jochen Gehrke stated that a meeting between the parties, “confirmed our view that a merger of Porsche and VW is not possible." So the merger is off but the manufacturing ties will continue and become more involved. Yes, this is all confusing and who knows what will happen.
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