Wolfsburg based Europe’s largest auto manufacturer Volkswagen hoped to become the “best auto manufacturer in the world” with Porsche’s bid for takeover materializing for real.
Mr. Marin Winterkorn, Chairman Volkswagen AG said, “A new automobile enterprise is now taking shape that will open an entirely new era…We know a player is emerging here that with its reach, its profitability and its innovative force, will be the best auto manufacturer in the world.”