Quote:
Originally Posted by Montoya
Porsche is bankrupt, they will soon be owned by VW... As far as SUV's, well they almost saved Porsche.
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Porshuh the car company is to become a subsidiary of VW but Porshuh the holding company retains majority ownership of VW itself.
This deal is only to get rid of the massive tab they'd run up trying to acquire 75% of VW (the percent at which German law says that you can declare it a subsidiary).