The financial crisis killed this project for Porsche, but the background is very difficult. In financial terms this didn't matter. The funny thing in this whol

The financial crisis killed this project for Porsche, but the background is very difficult. In financial terms this didn't matter. The funny thing in this whole Story was Ferdinand Piech, he has full control over VW as head of the board and was against this buyout. He also owned half of Porsche, so he was then owner of VW, but was also against it because Wideking would have gotten more power. Both companies are bound together since the war, this whole action was about power between some industrial families. They gained money in the bottom line, and some idiots with no insight made a bet against them. Before this action was the Share of Porsche Holding 32.2% and now it is 50.74%. Look at the market cap and say again this was a failure.