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C8 will be at NAIAS 2019

 
Old 01-13-2019, 04:26 PM
  #281  
Telepierre
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Originally Posted by 07MontyRed View Post
Well, sorta. Porsche AG (the company that makes the cars) is wholly owned (since 2012) by Volkswagen AG. But the majority of voting rights (51 percent, more or less) in Volkswagen AG are owned by Porsche SE (a holding company controlled by the Porsche and Piech families). As with many things German, its complicated ... not that any of it really matters to the point of this discussion.
We are having a sidebar but your attention to this ownership nuances and caveats is actually refreshing.

Yes, incorporation laws in Germany can be tedious but in this case is deliberate to mask what was a de facto hostile VW take over of Porsche later turned into a public relations alliance of sort ala Euro.
I consult extensively in the Stuttgart area. I assure you Porsche belongs wholeheartedly to VW and reports to VW. The 51% "thing" is the honorable token of sympathy to the Piech family...


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Old 01-13-2019, 04:33 PM
  #282  
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Originally Posted by JoesC5 View Post
"[COLOR=left=#222222]T"he management of Volkswagen AG agreed to 50.76% of Volkswagen AG being owned by Porsche SE"

VW owns 100% of Porsche but Porsche SE(holding Company) owns 50.76% of VW. [/COLOR]
Splitting hairs Joe.. paper/real life...don't mean to be coy but the next thing you are going to show me is FCA's annual statement with percentages and tell me that FCA is Italian...!? or Lamborghini is Italian...!?

Porsche is a full subsidiary controlled by VW or stated in other words VW has Responsibility, Authority and accountability over Porsche.

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Old 01-13-2019, 04:33 PM
  #283  
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I can't wait for the melt down that is going to happen in the next few days in this place... sure is going to be entertaining to say the least...
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Old 01-13-2019, 04:34 PM
  #284  
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Originally Posted by Bluewasp View Post



jan 15th. 8:30 - 9:30 AM EST - PENDING INDUSTRY ANNOUNCEMENT - ATRIUM STAGE
But Zerv said the 14th....
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Old 01-13-2019, 04:41 PM
  #285  
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I would laugh my *** of if GM revealed it in the 15th. Many news outlets reported on this thread, making it no longer a surprise. GM could unveil it on the 15th not only to troll Zerv02, but by the 15th hope will be lost for a NAIAS reveal. Then GM comes right out with the C8!
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Old 01-13-2019, 04:55 PM
  #286  
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It’s a mole hunt. GM “leaked” specific info to see where and who it turned up by. Or, not.... don’t care anymore at this point.
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Old 01-13-2019, 04:57 PM
  #287  
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Originally Posted by Telepierre View Post
Here too...completely out of canter...

On this one foosh is closer to center mass.
Within the context of 911s and Corvettes the two employ two completely different sales models and distributions.
As stated Corvette is 95% a domestic product with domestic distributions. That is how they keep the car overheads in check. Cost of marketing and distribution contained to the minimum.
911 is an export product. Porsche all together is an export product. Overheads to the hilt passed appropriately to customers.

GM pulled out of EU eons ago. No reason to expend overhead on a 35% tariffed market to protect VW Golfs...
Cadillac sells in 36 markets worldwide, with the US, Canada and China being three of them. Outside of the US and Canada, Corvette are primarily sold in Cadillac dealerships. In 2017 Cadillac sold 156,440 vehicles in the US but sold 356,467 worldwide.

Any place outside of the US and Canada, Corvettes can be sold in a Cadillac dealership. GM can export Corvettes outside of the US just as they export Cadillacs outside of the US. Cadillacs are sold in Europe and Corvettes sold in Europe are sold in the Cadillac dealerships.

GM knows how to export vehicles that are made in the USA to foreign countries. But, for GM to do that, there has to be a viable market outside the USA for the Corvette. Since only around 10% of the Corvettes made in the US are sold outside of the US., that is a clear indication that the Corvette does not have the sales appeals as does the Porsche, outside of the US.

If there was a demand for 30,000 Corvettes outside of the USA annually, Chevrolet would be manufacturing and selling them worldwide.

I'll repeat it again; GM has the ability to sell Corvettes in all the major markets, if there was demand for the Corvette worldwide.

While GM did get rid of it's European manufacturing business(and related sales/service), they still have sales/service dealerships in Europe, selling Cadillacs and Corvettes. GM did not just abandon the European market as you seem to believe. If there were a demand for, say, 10,000 Corvettes annually in Europe, GM could handle it. Period.

Last edited by JoesC5; 01-13-2019 at 05:15 PM.
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Old 01-13-2019, 05:03 PM
  #288  
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Originally Posted by Zora_Vette View Post
GM could unveil it on the 15th not only to troll Zerv02, but by the 15th hope will be lost for a NAIAS reveal. Then GM comes right out with the C8!
PROOF the C8 Reveal has damaged the sanity of Forum Members...
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Old 01-13-2019, 05:06 PM
  #289  
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Originally Posted by Telepierre View Post
Splitting hairs Joe.. paper/real life...don't mean to be coy but the next thing you are going to show me is FCA's annual statement with percentages and tell me that FCA is Italian...!? or Lamborghini is Italian...!?

Porsche is a full subsidiary controlled by VW or stated in other words VW has Responsibility, Authority and accountability over Porsche.
If Porsche SE owns controlling interest in VW, then they would automatically own controlling interest in anything VW owns, including Porsche AG. .

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Old 01-13-2019, 05:48 PM
  #290  
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Originally Posted by tcinla View Post
It’s a mole hunt. GM “leaked” specific info to see where and who it turned up by. Or, not.... don’t care anymore at this point.
I agree with this as well.
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Old 01-13-2019, 06:10 PM
  #291  
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DCT in GT500! What a surprise
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Old 01-13-2019, 06:12 PM
  #292  
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Originally Posted by sunsalem View Post
PROOF the C8 Reveal has damaged the sanity of Forum Members...
I was joking. Yes, I do agree though.
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Old 01-13-2019, 06:47 PM
  #293  
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No spy shots of GM moving the C8 into position for an NAIAS reveal? Wonder why not?
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Old 01-13-2019, 06:55 PM
  #294  
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Tomorrow is the day....
if it's true.
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Old 01-13-2019, 06:56 PM
  #295  
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Originally Posted by CitznFish View Post
No spy shots of GM moving the C8 into position for an NAIAS reveal? Wonder why not?
This is kind of nuts, but what if they're doing it as a video reveal?
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Old 01-13-2019, 07:02 PM
  #296  
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Originally Posted by LLK View Post
This is kind of nuts, but what if they're doing it as a video reveal?
What if they live stream it from some dumpy alley behind the NAIAS building?
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Old 01-13-2019, 07:15 PM
  #297  
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Originally Posted by Zora_Vette View Post
What if they live stream it from some dumpy alley behind the NAIAS building?
What if...it doesn't happen at all at the 2019 NAIAS? Then what?
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Old 01-13-2019, 07:19 PM
  #298  
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Originally Posted by mre1974 View Post
What if...it doesn't happen at all at the 2019 NAIAS? Then what?
Then Zerv02 lied.
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Old 01-13-2019, 07:35 PM
  #299  
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Originally Posted by mre1974 View Post
What if...it doesn't happen at all at the 2019 NAIAS? Then what?
Then nothing! Life goes on and we continue to have fun speculating!
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Old 01-13-2019, 08:59 PM
  #300  
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Originally Posted by Iker View Post
DCT in GT500! What a surprise
THAT is interesting.

Originally Posted by Zora_Vette View Post
I was joking. Yes, I do agree though.
As was I...

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