Katar very close 2 stake in Porsche

ksta.de

Wiedekings takeover plans of VW had a long shadow from the start. When he started to commit at the start of 2009, the oil price was relatively low, but it had the potential to rise again and a company that produces sports cars is obviously somehow connected to it. Wiedeking sold it as a way to have a stronger position versus the oil companies and of course the moolahs. Now, the opposite happened. With Piech's pretty fitting opposition for the reason uttered at the start, namely a higher oil price, the rentability of the project was in doubt. Now its threatening to take even VW down the whirl. I dont know why u start out such a mega project during times of crisis. Anyway, it proves again how important the VW-law is. The 25% stake of Lower Saxony in VW shows its viability again.