Der Spiegel, the newspaper not the catalog, has reported that Porsche is standing pat on it's slightly over 30% of VW holdings for now. According to sources, problems with the unions and high VW stock prices are curtailing our favorite company's desires to obtain a 50% share in the company. The unions' fear of Porsche imposing its' productivity-increasing measures, taken at Porsche in the mid-1990's very successfully, makes them unhappy.

Hmmmmmm....doesn't that sound eerily similar to former union demands in Detroit? And look what happened...the unions here had to give major concessions just to keep some of their jobs.

Now I'm not anti-union by any stretch of the imagination. But you do have to moderate desires for fair employment practices with reality, don't you?

Either way, Porsche, in my opinion, will take the right course for itself and for VW in the short and long term.