Before attempting to acquire VW, PAG was sitting on billions of Euros. BUt WW bit off more than he could chew so even Porsche couldn't afford the acquisition in the end.

Sure, the Boxster and later the Cayenne saved PAG but PAG could have stayed independent from a financial point of view AFAIK.

The real problem was compliance with future EU emissions rules ... averaging below a certain CO2 limit was always going to be tough without having small, low CO2 cars to sell.


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RT Moderator - 997.1 C2S GT Silver/Cocoa, -20mm sports suspension/LSD, PSE, short shifter, SportDesign rims, Zuffenhausen collection