VW Closing Purchase of Porsche. Still Eyeing Alfa-Romeo
Filed under: Luxury Cars & Autos
German automaker Volkswagen this week is expected to complete its long-planned $4.5 billion acquisition of luxury sports car maker Porsche. When the ink is dry, it will formally add Porsche to a brand stable that includes Audi, Bentley, Lamborghini and Bugatti, as well as mass-market brands Volkswagen, Skoda and Seat.And VW AG supervisory board chairman, billionaire Ferdinand Piech (grandson of Porsche founder Ferdinand Porsche) isn't through trying to add premium and luxury brands. At the Geneva Motor Show this week Piech reiterated his interest in acquiring Italian brand Alfa Romeo, owned by Fiat, despite public statements by Fiat CEO Sergio Marchionne that the marque is not for sale.
How is this for a mixed pedigree? Chrysler, which is managed by Fiat executives these days, plans to build a
While Sergio Marchionne, CEO of both Italian automaker Fiat and American automaker Chrysler, busies himself with fixing Chrysler and taking the mostly government-owned automaker into the public markets next year, he is wrestling with the dilemma of whether to sell Fiat's beloved, but money-losing, 

Rodents Run Amok at Upstate New York Walmart
What Happened When Alex Kenjeev Paid His Student Loan in Cash
America's 10 Highest-Paid CEOs of 2011 (and How They Earned It)
What's a Realistic Retirement Age?
Apple CEO Tim Cook interview at D10: the liveblog
Carrie Underwood's Grunge Rock Past: 'I Was All About Pearl Jam'
I'm A Successful Entrepreneur But Might Get Deported
Beyonce 60-Pound Weight Loss: Queen B Flaunts New Figure During Comeback Concert Series
Farmers Hit the Jackpot in Kansas Oil Boom
Mary J. Blige, Charity Lawsuit: Singer's Foundation Sued for Failing to Repay $250K Loan