Jun 06 2009 |
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Porsche moves closer to securing deal with Qatar
The Gulf state of Qatar will strike a deal with Porsche by mid-June that will help the German sports car maker to pay down its $12.8 billion debt pile.
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Comments By Our Users (1)
As much as I would like to see a healthy german car industrie with sufficiant capitalization, I would never put my money in yeasterdays technologies.
Building fun cars for spoiled juppies and wealthy seniors thinkinh they never grow old aint what the world needs now. The german car industry has neglected the future totally and never gave a thought about the challenges that our threatened environment build uo to be solved by us, the creators of this global nuisance. So why financing it!? The producers of oil will still sell their products, even if there wheren`t any cars longer burning up fuel, producing more CO 2, and still holding to a technology that is in his basics an antik The Otto and the Diesel engines have been invented for over 100 years! Isn`t it about time for something new?
Put your money where it counts! Invest in future technologies, not in antikes!
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