Porsche dollars faster than Buggati and Lamborghini
Porsche CEO, Wendelin Wiedeking, now has a 27.4 percent stake in VW. And he intend to make this $5 Billion investment profitable. Wiedeking says that VW is a gold mine but "you have to dig day and night". Sounds a lot like Porsche will do a lot of digging into VW Research and Development labs for a first.
In case you had any doubts, Wiedeking has some nice words when talking about Lamborghini and Bugatti exotic fate: "no toys anymore". Expect lamborghini and bugatti to produce model under the $100.000 mark quite soon, or even to be back on the marker on their own, leaving the sport car market open wider than ever to the demonic 911s.