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Now that Porsche is the largest shareholder of Volkswagen, both companies will start sharing components on future vehicles and the first example will be set by the upcoming Porsche Panamera which will share gasoline-electric powertrain and electronics with Volkswagen and Audi.
“We have potential and the other side has potential to save engineering money and save investments so it is a win-win for both sides,” Wiedeking told Automotive News Europe.
Volkswagen will also be producing the Panamera bodies in its Hanover factory and then will give it to Porsche’s Leipzig plant to be completed.
The Porsche Panamera will be unveiled at the 2009 Geneva Motor Show with 20,000 units scheduled per year.
Porsche recentely took out $46.67 billion to finance its bid to take over Volkswagen.
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