Agreed. The whole Porsche buying VW thing smacked of hubris of the worst kind.
That wasn't what I was thinking about at all. It doesn't bother me one bit. I mean, Volkswagen Auto Group already includes Lamborghini and Bugatti and Bentley...I don't see that Porsche is one step too far.
It was just the involvement of a Middle Eastern government (not investment group, but government) in a German-on-German merger that shocked me.
Looks like you read me wrong on this. Porsche makes sense folded into the Volkswagen group. Sad to lose an independent tho, especially when there wasn't a need for it. I the hubris I was referring to was on the Porsche side, trying to buy up VW.
I certainly get where you are coming from. You can see the German government maybe taking a part of it (as they have been, at least on a local level, involved for ages), but this just seemed odd.
Are automakers eventually going to all be government assets of some kind because no country can afford to let them fail? Japan has certainly taken this approach. Would have been interesting to see what would have happened if Renault hadn't bailed out Nissan.
