Tag: Porche
Are Oil Rich Arab Countries Vertically Integrating?
by waseem on Jun.24, 2009, under Uncategorized
The state of Qatar has been eying a stake in either Porsche or VW, and the emirate of Abu Dhabi has recently bought a stake in another automaker, Daimler. Both Qatar and Abu Dhabi are oil rich. With this in mind, one has to ask himself these questions:
- Are oil rich Arab countries vertically integrating?
- Will these acquired automakers be forced to make less fuel efficient cars?
- Are these acquisitions purely targeting “luxury” brands?
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