News: Volkswagen Completes Porsche Takeover

This must make it through

For those of you who didn't know, Volkswagen and Porsche had been competing with each other to own each other. Well, Porsche had a 'partnership' with Volkswagen long before and since Volkswagen is publicly listed, Porsche became the unlikely highest shareholder of Volkswagen. To cut the story short, Volkswagen was aware and competed with Porsche.

Later on in the game, Porsche realized taking over Volkswagen would bring in debts only solved if Bill Gates and Warren Buffet gave all their fortune to Porsche. Well, it didn't sound all too plausible so Porsche decided to give in. And well, here we are. Volkswagen finally completes the takeover of Porsche. That's a shit explanation, wasn't it? But, you get the point. Family rivalry.

Still, with the war between the two makes over, platforms, technology, components like the dials in the Porsche can be shared. It's a good thing. According to Volkswagen CEO Martin Winterkorn, Porsche will retain its identity and more models will make its way in Porsche's car range. The management will be smoother too, not that you care though, I don't.