Vw to buy ferrari ?

[paul888]

http://www.pistonheads.com/news/default ... ryId=22762

With Vw already owning a multitude of car brands ,they now possibly want Alfa romeo ,and Ferrari .

[stefaclese]

Interesting, VW are clearly on the take-over war path! I didn't realise quite how well off VW are right now, £16 billion is available cash! Someones been doing well through the recession

[paul888]

Yeah and still lost money on every veyron they sold so they say lol.

[zozzie_9t9]

Yeah and still lost money on every veyron they sold so they say lol.

Any loss much surely be off set by the publicty and media coverage the Veyron has received since its launch!

[rovermadman4825]

I wish I had a small percentage of that 16 billion

[carl747]

Interesting, VW are clearly on the take-over war path! I didn't realise quite how well off VW are right now, £16 billion is available cash! Someones been doing well through the recession

Same here didn't know they are doing well i know Porsche almost took over VW and it all changed in 6mths and VW took over Porsche

[stefaclese]

Interesting, VW are clearly on the take-over war path! I didn't realise quite how well off VW are right now, £16 billion is available cash! Someones been doing well through the recession

Same here didn't know they are doing well i know Porsche almost took over VW and it all changed in 6mths and VW took over Porsche

Yeah I remember that, some of the Porsche shareholders lost their nerve with the plans and VW swooped in and took them over instead

Pity the same factional type 'power families' that hold huge amounts of shares in BMW didn't get their commupence during the whole Rover Group fiasco in the late 90's.

[richard moss]

Last week, FIAT bought back the 5% (?) share of Ferrari that was owned by the Abu Dhabi government. I have no idea if that means anything.....................................

[al_leeds]

Sergio Marchionne was interviewed recently and he seemed to be saying all options are on the table, and one was going back to the traditional 90% stake, which is what they have done now by buying back Mubadala's share.

Seems to me they may float Ferrari on the stock exchange to be able to raise some more funds to get a bigger chunk of Chrysler, but I doubt VW could ever own 100% of Ferrari even if they wanted to, thanks to Piero Ferrari and his 10% stake in the company.