View Single Post
Old 03-29-2007, 11:57 AM   #8
Ronzi
Registered User
 
Ronzi's Avatar
 
Join Date: May 2004
Location: Denver CO
Posts: 748
It's a good thing Cayenne and 911 sales are up, because Porsche has just taken out a $46.7 billion loan to take over VW, the action triggered by upping their VW stake to 30.9% in Feb.
They are also reportedly working on a smaller SUV to compete with the BMW X3.

I wouldn't count on Porsche price reductions anytime soon.
Ronzi is offline   Reply With Quote