Saturday, January 12, 2013

Porsche Taking Over VW

Earlier today Porsche passed the 50 percent stake mark of Volkswagen and thus took over Volkswagen. Porsche also announced that they would have a 75 percent stake by the end of 2009. I wonder why? Perhaps its due to the fact that once they reach 75 percent they will be able to seal a so-called domination contract giving it full financial control. I do love how Porsche (a 7 billion in sales company) is taking over VW (a 109 billion in sales company) in this day and age. Source: Internet

Antique VW's

Volkswagens of all types, like the Beetle and the Thing, as well as the Karmann Ghia and the Camper or the Cabriolet, bring smiles and fond memories to the minds of many people. If you are a VW fan I hope you will enjoy seeing the many vintage VW pictures featured in this section. Development of the German VW can be traced back to the 1930's. Volkswagen added new models over the years. First there was the sedan that became popularly called the Beetle or Bug, then came the sunroof version plus the convertible and the first transporter vans. Transporters evolved into a whole series of models as time passed the including the Kombi, the Camper and more. In 1956 the sleek little Karmann Ghia coupe arrived. It was joined in 1958 by a sporty Karmann Ghia convertible. Having been a back seat passenger in an early 1960's K-G coupe many times as a youth I'm ok with saying that calling Karmann Ghia a 2+2 (passengers) car would is being generous. The +2 passengers had to be pretty small people to be comfortable. In 1966 the familiar Beetle, Bus and Karmann Ghia were joined in the USA by the 1500, a larger car with boxier styling. The larger Super Beetle came along later. The Super Beetle convertible was the last holdout for the Bug style VWs in the USA being imported until 1979. The hobby of collecting and restoring vintage Volkswagens is popular with many folks. Source: Internet