Rumors suggest Chrysler wants stake in VW

Left Lane News · 09-30-2005, 11:18 AM

http://www.leftlanenews.com/?p=80

DaimlerChrysler wants to buy a stake of around 20 percent in Volkswagen, a German magazine reported Friday. A board source at Daimler told Reuters, however, that there were no plans to buy a stake, while its commercial vehicles chief Andreas Renschler called the report "pure speculation."

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deutschmann59 · 09-30-2005, 12:41 PM

I'm not sure how true this is but I remember reading somewhere, fairly recently that Porsche is looking into buying out VW also

Not sure where I heard this or if it's even true.

puck724 · 09-30-2005, 02:51 PM

i thought porshe pulled out of that...

deutschmann59 · 09-30-2005, 03:10 PM

http://www.shanghaidaily.com/art/200..._automaker.htm

I don't know...this is from Google news. Porsche is taking at least 20% of VW to "prevent a hostile takeover" whatever that means. That article above is from today, BTW.

duddym · 09-30-2005, 03:13 PM

"Porsche AG said Sunday it plans to acquire a stake of about 20 percent in Volkswagen AG"

This was taken directly from a statement I received over the news wire at work. I would copy the entire press release, but I'm not sure I'm allowed to do that........

puck724 · 09-30-2005, 04:42 PM

haha, you guys so proved me wrong...

Choon · 10-06-2005, 01:20 PM

ive never liked VWs..

09-30-2005, 11:18 AM	#1
Left Lane News New Member 8 Rep 13 Posts Drives: BM Join Date: Sep 2005 Location: Ontario iTrader: (0)	Rumors suggest Chrysler wants stake in VW http://www.leftlanenews.com/?p=80 DaimlerChrysler wants to buy a stake of around 20 percent in Volkswagen, a German magazine reported Friday. A board source at Daimler told Reuters, however, that there were no plans to buy a stake, while its commercial vehicles chief Andreas Renschler called the report "pure speculation." : __________________ Left Lane News
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09-30-2005, 12:41 PM	#2
deutschmann59 Captain 174 Rep 737 Posts Drives: 2006 325i Join Date: Mar 2005 Location: e90post.com iTrader: (0)	I'm not sure how true this is but I remember reading somewhere, fairly recently that Porsche is looking into buying out VW also Not sure where I heard this or if it's even true.
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09-30-2005, 02:51 PM	#3
puck724 COLTS 4 LIFE!!! 99 Rep 1,746 Posts Drives: 2006 330i Join Date: Aug 2005 Location: california iTrader: (1) Garage List 2006 330i [0.00]	i thought porshe pulled out of that... __________________ 2006 330i --sapphire black--black leather --alumminum trim --premium package --cold weather package --park distace control --automatic transmission --navigation with iDrive
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09-30-2005, 03:10 PM	#4
deutschmann59 Captain 174 Rep 737 Posts Drives: 2006 325i Join Date: Mar 2005 Location: e90post.com iTrader: (0)	http://www.shanghaidaily.com/art/200..._automaker.htm I don't know...this is from Google news. Porsche is taking at least 20% of VW to "prevent a hostile takeover" whatever that means. That article above is from today, BTW.
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09-30-2005, 03:13 PM	#5
duddym Sith Lord 0 Rep 85 Posts Drives: 2005 Volvo XC90 V8 Join Date: May 2005 Location: Kalamazoo iTrader: (0) Garage List 2007 Vibe [0.00] 2005 XC90 V8 [0.00] 1955 Starchief [0.00] 2001 Jetta TDI [0.00] 2002 A4 Avant [9.00]	"Porsche AG said Sunday it plans to acquire a stake of about 20 percent in Volkswagen AG" This was taken directly from a statement I received over the news wire at work. I would copy the entire press release, but I'm not sure I'm allowed to do that........ __________________ WAGONS ROCK! "there are only three true sports: bullfighting, mountain climbing, and motor racing. everything else is just a game......" - ernest hemmingway
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09-30-2005, 04:42 PM	#6
puck724 COLTS 4 LIFE!!! 99 Rep 1,746 Posts Drives: 2006 330i Join Date: Aug 2005 Location: california iTrader: (1) Garage List 2006 330i [0.00]	haha, you guys so proved me wrong... __________________ 2006 330i --sapphire black--black leather --alumminum trim --premium package --cold weather package --park distace control --automatic transmission --navigation with iDrive
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10-06-2005, 01:20 PM	#7
Choon Boost Me! 13 Rep 108 Posts Drives: E90 330i Join Date: Oct 2005 Location: Fairfax, VA iTrader: (0)	ive never liked VWs..
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