http://www.environmentalleader.com/2008/06/17/vw-acquisition-to-save-porsche-400m-euros-in-emissions-penalties/ The Executive's Daily Green Briefing Tue, 24 Nov 2009 20:29:16 -0800 http://wordpress.org/?v=2.8.4 hourly 1 http://www.environmentalleader.com/2008/06/17/vw-acquisition-to-save-porsche-400m-euros-in-emissions-penalties/comment-page-1/#comment-63610 wheelsontrack Fri, 25 Jul 2008 20:05:53 +0000 http://www.environmentalleader.com/2008/06/17/vw-acquisition-to-save-porsche-400m-euros-in-emissions-penalties/#comment-63610 History of VW and Porsche have a common origin, when first Volkswagen was created by the engineer Austrian Ferdinand Porsche, who later founded Porsche AG (German sports car manufacturing unit) in 1931. So this is one of its kinds of reunion of families. Management capabilities of Porsche might be very good at running a niche car company but running a small company is entirely a different business than running one of the world’s largest car companies ... read more on <a>http://www.wheelsontrack.com</a> History of VW and Porsche have a common origin, when first Volkswagen was created by the engineer Austrian Ferdinand Porsche, who later founded Porsche AG (German sports car manufacturing unit) in 1931. So this is one of its kinds of reunion of families. Management capabilities of Porsche might be very good at running a niche car company but running a small company is entirely a different business than running one of the world’s largest car companies … read more on http://www.wheelsontrack.com

]]> http://www.environmentalleader.com/2008/06/17/vw-acquisition-to-save-porsche-400m-euros-in-emissions-penalties/comment-page-1/#comment-58522 Erik Wed, 18 Jun 2008 12:50:09 +0000 http://www.environmentalleader.com/2008/06/17/vw-acquisition-to-save-porsche-400m-euros-in-emissions-penalties/#comment-58522 This isn't "environmental" news--quite the opposite. Though I love Porsches and Volkswagens (I've owned both), this is simply a business strategy to avoid environmental tax penalties. If the companies don't merge, Porsche is penalized; if they do, then Porsche doesn't get penalized. It avoids Porsche having to pay any penalties without actually changing their product--reducing emissions--which is what the tax is meant to encourage. While I'm sure there are other reasons for the merger (Porsche and VW have been connected throughout their histories), in the context of this forum Porsche should be, if anything, criticized for finding a loophole of sorts which allows it to continue producing fuel-inefficient cars without getting hit with the emissions tax. This isn’t “environmental” news–quite the opposite. Though I love Porsches and Volkswagens (I’ve owned both), this is simply a business strategy to avoid environmental tax penalties. If the companies don’t merge, Porsche is penalized; if they do, then Porsche doesn’t get penalized. It avoids Porsche having to pay any penalties without actually changing their product–reducing emissions–which is what the tax is meant to encourage. While I’m sure there are other reasons for the merger (Porsche and VW have been connected throughout their histories), in the context of this forum Porsche should be, if anything, criticized for finding a loophole of sorts which allows it to continue producing fuel-inefficient cars without getting hit with the emissions tax.

]]>