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Porsche debt problem. Porsche debt problem.
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Old 05-26-2009, 10:25 AM   #1
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Quote:
Originally Posted by derb
Had no idea Porsche was in such dire straits back in March. Saw this over on PPBB...

http://www.spiegel.de/international/business/0,1518,626666,00.html

Right down to the wire.
I read some info on thetruthaboutcars.com that said not down to the wire but they actually were out of cash. Needed 700M loan from VW to stay afloat. Now VW is again considering buying Porsche.

Funny the difference a day makes.
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Old 05-26-2009, 10:30 AM   #2
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These rich guys like Piech can't get their ego out of the way of making cars.

It is time for him to retire for good before he ends up working for Angela Merkel.
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