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Magnaflow Exhaust Systems - 17135 on 2040-parts.com

US $365.54
Location:

USA, US

USA, US
Returns Accepted:Returns Accepted Refund will be given as:Money back or exchange (buyer's choice) Item must be returned within:30 Days Return policy details:We will accept a return for any reason within 30 Days of the original delivery, provided that the returned item is in a new and unused condition with the original parts, packaging, and manuals. Some items may be subject to a Restocking Fee. Return shipping will be paid by:Buyer Restocking Fee:No Manufacturer Part Number:17135 Warranty:Yes

Volkswagen hits back, weighs making a bid for Porsche

Thu, 23 Apr 2009

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.

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