We found out that if the SUV done by Porsche is a very sporty vehicle, it will work.

We do not expect any weakening of our sales or position in the USA, … An overwhelming majority of dealers are still signaling to us that demand is good.

We have once again significantly outperformed even the very ambitious targets we have given ourselves, and this is despite the overall weakness of the world economy, which certainly has not given any momentum to the...

With this commitment, we want to secure our business relations with VW and safeguard an essential part of our future planning over the long term.

Our planned investment is the strategic answer to this risk,

If size did matter, the dinosaurs would still be alive.

In the future the fundamental idea is to stand on three legs, which means if one product is up maybe the other is down,

We are on course, … Although development sector costs are still increasing because of new projects, we remain highly profitable.

When we were buying, many others were also buying, and to a great extent in fact and at prices that we never would have wanted to pay.

It took us a long time to check whether the Cayenne would destroy or hurt the brand image,

Our product range is very attractive,

This will allow us maintain research and development spend, and have the potential to offer the market new products from one year to another.

In the past if you asked somebody

Guaranteed — we broke up a possible deal for some investment bankers,

There are alternatives to the Leipzig site,

Volkswagen sells only 2.8 percent of its products in the same segments as Porsche. An overlap first starts to become relevant for antitrust authorities when it is 25 to 33 percent.