Volkswagen-Porsche Merger Far From Complete, Porsche Mulls Independence

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If you thought Volkswagen's takeover of Porsche was all but done, think again. A new report suggests the merger of the two companies may never be complete, with the possibility of Porsche trying to go independent.

It's been over two years since talks of the merger between VW and Porsche began, but apparently the deal is far from done.  Over a year ago VW bought a 49.9-percent stake in Porsche AG - Porsche SE's car-making entity -- with plans to fully acquire the automaker by the end of this year. However, legal troubles slowing the deal may have prompted Porsche to reconsider its independence.

Now over a year into the merger, parent company Porsche SE is considering returning the automaker to a stand-alone operation according to a report from Automotive News. Porsche now claims the possibility of a complete merger between the two has a roughly 50 percent chance of happening.

Tax and legal troubles associated with the deal have slowed the deal substantially, prompting Porsche SE to reconsider the deal. Several hedge funds locate within the United States have brought suit against Porsche for its secretive trading activity when attempting to overtake VW. The hedge funds involved in the case are suing Porsche for its market manipulation, causing over $1 billion in losses. A similar case in Europe has been filed claiming losses of $3.5 billion.

Now nearly two years in the making, do you think the VW-Porsche merger will ever be finalized? Or would you prefer the sports car maker to regain its independence?  Share your thoughts in the comments section below.

FKL
since when have accountants ruined a Bentley/Lamborghini/Audi/Bugattii? Those cars are the epitome of not cutting any corners. Take a Bentley Continental / VW Phaeton - overengineered on every level imaginable. And let's not get started on a Veyron. Are you saying that the Panamera is somehow better in this regard? Built to a higher standard? It seems the issue if Porsche's products being built to "VW accounting standards" is an nonissue. If they were merging with Toyota, I'd be shuttering about that.
FKL
since when have accountants ruined a Bentley/Lamborghini/Audi/Bugattii? Those cars are the epitome of not cutting any corners. Take a Bentley Continental / VW Phaeton - overengineered on every level imaginable. And let's not get started on a Veyron. Are you saying that the Panamera is somehow better in this regard? Built to a higher standard? It seems the issue if Porsche's products being built to "VW accounting standards" is an nonissue. If they were merging with Toyota, I'd be shuttering about that.
Michael Almaguer
I say Porsche should be independent but work together with Volkswagen in the fashion of Mercedes-Benz and Aston Martin. Porsche is just going to become oversaturated with products that don't really seem to be Porsches (Cajun) and be forced to expand into markets they don't need to be in.
Edward Gaylord
I too hope Porsche retains its independence, Selective cooperation with Volkswagon has served it well over the years but integration into the already huge VW group would ultimately diminish the brand. and the distinctiveness of everyone's cars. One wonders whether Ferdinand Piech the driver behind this deal has had second thoughts.
mini22
I would, of course, like to see Porsche keep it's independence and settle these suits out of court. I fear that Porsche may not have the financial where with all to fight these suits on it's own. I hope I'm wrong. My wish is that Porsche develops it's models on it's own and expands it's line up into a main stream car maker. That would mean in addition to the new Cajun, a smaller Panamera based sedan and coupe and wagon,the baby Boxster and the larger Panamera coupe. The more product thae more it can spread the cost.
Tony
Ditto what Myth said. Couldn't agree more.
Axxel Knutson
I would like to see VW stand aside and let Porsche deal with its legal problems. I do not want VW to accept any liability from Porsche but rather wait until there is a settlement or bankruptcy on the part of Porsche and then VW can step in. The lawsuits may fade once VW backs away as the owner with the deep pockets.
Myth
I would rather see Porsche maintain it's independence. VW Group controls enough of the European car brands with Volkswagen, Audi, Lambourghini and Benley. Porsche always seems to build the best car they can without accountants ruining the car. A good example is the Panamera, just the best it can be. No more, no less. No cut corners. Expensive, but you get all of what you pay for. I prefer Porsche to stay pure Porsche.

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