Porsche fully integrated into the Volkswagen family

Hot off the press this week is the announcement of the merger between Volkswagen and Porsche. Porsche is to be fully incorporated into the VW group. Volkswagen originally purchased just under a 50% share in Porsche in 2009, but legalities postponed a full take over. VW will now acquire the remaining stake which is to be completed by August this year. Interestingly, it was Porsche who intended to buy Volkswagen first, but the role reversal came when economic difficulties arose during its attempt to raise the money to purchase VW. What does this mean for buyers? Well, according to an article on business car manager website: "It makes the cars available to business car managers from the group immense – with many benefits for new technology and cost reductions on future company car choices." To see a list of makes the Volkswagen Group will now comprise of, you can view the bcm article here.