Saturday, June 26, 2010

Piech’s Privileged Porsche Plans

0 comments



Germany’s Handelsblatt received rare access to the usually secretive Porsche patriarch Piech. The Chairman of the Volkswagen Supervisory Board has big plans for his family’s company once Porsche has been assimilated. Here is an excerpt from his list of Porsche Plans:

- Porsche will get a smaller SUV, below the Cayenne, to compete with the likes of the BMW X5, Mercedes M-Class, but also with some Audi Qs.
- Then, a planned Volkswagen sports car of unknown type will emerge as a Porsche. Nobody has approved this, but what Piech wants, Piech gets.
- The hybrid 918 Spyder shall go in series production. If necessary, built by hand, and priced at €500,000. Piech wants it that way.
- To make sure that Piech gets what he wants, his and Winterkorn’s confidante Michael Müller will definitely head up Porsche.

And what’s holding up an announcement of at least some of the plans? The state of Lower Saxony holds the famous 20 percent in Volkswagen, and Lower Saxony’s Premier Christian Wulff will most likely be the next President of Germany. (A job with less power than the Queen of England. The final say-so in Germany rests with the Chancellor, Frau Merkel.) When Wulff is elected on June 30, there will be a vacancy on the board. That will be filled by David McAllister, a good German with a British name. That needs to be papered first. Any grand announcements will not happen until this is done. But what Piech wants, Piech gets.

Click the title for the source

0 comments:

Post a Comment

Note: Only a member of this blog may post a comment.