Seems like Porsche is being a little pushy with Volkswagen, as Wiedeking, Porsche’s CEO, uses the company’s 30.9 percent stake in his favor to speed up development on common projects. As before, both Porsche and Volkswagen are working closely on the next-generation Porsche Cayenne and Volkswagen Touareg. However, Porsche seems to want to speed up development on its next Cayenne.
According to German newspaper Automobilwoche, Porsche wants to launch its next-generation Cayenne in the first half of 2010, meanwhile Volkswagen hasn’t planned to release the next Touareg until late 2010. Since Volkwagen sees both SUVs as direct competitors, the company sees itself at a disadvantage if...
Read Article