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Financial Crisis - Porsche may need Loan Bail Out help from Qatar

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Financial Crisis - Porsche may need Loan Bail Out help from Qatar

Posted July 8 2009 10:10 AM by RimZ 
Filed under: Auto News, Porsche, Sports Cars

If it weren't coming from legitimate news sources, you'd think the Porsche/Volkswagen saga of the past year was the plot for a new soap opera.


After failing to take over Volkswagen, Porsche had to be bailed out by VW. Porsche then tried to merge with VW, but now won't accept help from the fellow German automaker, won't get a loan from KfW, and may sell a portion of itself to Qatar to pay off its loans...


Read more at MotorTrend.com


 

 


 

 
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