

| Subject: | Re: Porsche up to 18.5 percent |
| From: | Andrew Grebneff |
| Date: | Tue, 11 Oct 2005 23:48:20 +1300 |
>The most interesting thing I have been watching for is the back room play >(soap opera). > >Piech (current board prez at VW) is a Porsche family member and therefore >stock holder. The rest of the board says that Piech goes when Porsche picks >its 2 seats on the board. Porsche has stayed totally silent on the matter. >They have not spoken against Piech but have disagreed with some of his >policies. They have not spoken out for him either. Do we have a possible >family fight or squabble hidden somewhere? > >Either way another member of the old guard is gone last week and only two >are left. Piech the biggest one with massive power and the lower state of >saxony. The saxony people already Piech out anyway. However Piech has the >support of all the unions and a lot of the external political. > >Bernhardt has already appointed a team to visit NA for models to be built >and has had unofficial discussions with Diamler on a new People Mover to be >built in the US. Porsche and VW are now working on a mini SUV to hit the US >maybe as early as next year. Barnhardt and the new VW crew over-road >objections to both projects to get them going after enough of the old guard >was removed earlier this year in the sex and politics and fraud scandel. Porsche is planning a stationwagon now (as if the Cayenne isn't one). What's next? A pickup? Backhoe? And just lookit the rear-end of the Cayman... Jeremy Whatsis (BBC's Top Gear program) had it right... what an abortion! -- Andrew Grebneff Dunedin New Zealand Fossil preparator <andrew.grebneff@stonebow.otago.ac.nz> Seashell, Macintosh, VW/Toyota van nut HUMANITY: THE ULTIMATE VON NEUMANN MACHINE DEMOCRACY: RULE BY THE LOWEST COMMON DENOMINATOR
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