Last year, Porsche gave Magna an eight-year contract to build the Cayman and Boxster models from 2012 on. Then Porsche went to Volkswagen. Then Opel came. VW was miffed and said “us or Opel.” When Magna’s Opel deal went poof, VW said Magna can come home, all is forgiven. Apparently not quite. Volkswagen (or Porsche, hard to say these days…) want to use the factories of bankrupt Karmann which Volkswagen had bought and cancelled the contract. Magna cried foul and wanted money.
Now, the matter is official, writes Automobilwoche [sub].
(Read More…)
Posted in Germany, News Blog
Tagged as automobilwoche, Bertel Schmitt, birth place, Boxster, boxster models, boxter, Caymann, CEO, chunk, factories, Germany, karmann ghia, Magna, martin winterkorn, money, Opel, outsourcing contract, poof, Porsche, Volkswagen, volkswagen vw
Tagged as automobilwoche, Bertel Schmitt, birth place, Boxster, boxster models, boxter, Caymann, CEO, chunk, factories, Germany, karmann ghia, Magna, martin winterkorn, money, Opel, outsourcing contract, poof, Porsche, Volkswagen, volkswagen vw
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Onus - You know nothing. The us is still one of the largest automotive producing countries. I...
05lgt - Thanks for sharing Phil. Beautiful to me.
AFX - The problem with these types of loan ideas is that they’re trying to force future...
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Mathias - Thanks for the memories, Bertel. I remember the late 70s/early 80s quite well, unfortunately.. and the Manta-Witze… but I have no...
shaker - Thanks for a (seemingly rare) positive look at this program – certainly less than...
Geekcarlover - Wait. Using photographs of animals is abuse? I’m thinking of those captioned kitties all over the interwebs. Oh, the humanity!
golden2husky - You know, other than a few outspoken people on this site, the vast majority of America has moved to the next thing a long time ago. Those folks open minded enough...
AFX - This is one of those stories that leaves me wondering why some people find certain cars attractive. I remember the 300M when it first came out, and I never paid that much attention...
Kevin Jaeger - That’s deep – you’re saying Bertel thinks there’s a wall of criticism about to be unleashed on him, and this...