Porsche
ORG
Porsche
 Volkswagen's image problem began last fall, when a rival German carmaker, Porsche, bought a nearly 20 percent stake in the company and demanded two seats on the Volkswagen supervisory board. The idea that Porsche could, or would, prevent us from doing something that we think is the right thing to do, is simply not on. The consequence of Porsche's investment and a subsequent boardroom battle at Volkswagen to try to reassure them that the company is being run properly. Porsche invested in Volkswagen to secure access to its technology and factories, where it already assembles its sport utility vehicle, the Cayenne, but Porsche needs good labor relations to push through its plans.  Volkswagen's image problem began last fall, when a rival German carmaker, Porsche, bought a nearly 20 percent stake in the company and demanded two seats on the Volkswagen supervisory board. Porsche invested in Volkswagen to secure access to its technology and factories, but Porsche needs good labor relations to push through its plans. As a financial investor, Porsche was more likely to advance, than obstruct, the campaign to cut Volkswagen's costs and restore its profits.