VW Takeover
Porsche made its first move towards VW in 2005 when it acquired a 20%o stake, igniting a rumor that its eventual , takeover of VW was not an "if" but a "when." After all, it was no secret that VW was an important partner and supplier to Porsche. In March 2007, Porsche upped its stake to 3l% by paying €5 billion ($6.6 billion) an investment that was worth €16-17 billion ($23.4 billion)36 by October of that same year.