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Subject:Re: Porsche up to 18.5 percent
From:jimt
Date:Sat, 8 Oct 2005 11:35:43 -0600

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.
jimt

On 10/8/05 10:25 AM, "BenT Syncro" <syncro@GMAIL.COM> wrote:

> On 10/8/05, Andrew Grebneff <andrew.grebneff@stonebow.otago.ac.nz> wrote:
>>
>> <snip>
>
> <<Well, it is possible that this could mean a very good thing to
> enthusiasts. As we all know, Porsche is dedicated to rear-engined
> vehicles (including rear-midengined like the Boxster). Could this
> mean putting pressure on VW management to return to this wonderful
> layout??>>
> Or a means to tell VW not build so many V8 TT's, V10 Touaregs, or that
> mid-engined VW whachamachakalitz.
> BenT
>
>