QUOTE(914-8 @ Jul 14 2006, 07:58 PM)
Briefly, in the late 60s (partly because of the impending production of the 914, which was sold as a Porsche in US, but a VW-Porsche in the rest of the world), Porsche and VW formed a joint company to distribute their cars.
Interestingly, as part of the agreement, Porsche gave VW the exclusive right to sell Porsche cars in the US. VW established a new division of VW, called "Porsche+Audi" to distribute Porsches in the US.
So that's what "Porsche+Audi" was.
Going back further, Porsche was of course a very small family company in the early 50s that didn't sell cars in the US. Max Hoffman was the one who originally began importing Porsches for sale in the US. By the late 50s, Porsche took that over, and tried to work as its own distributor in the US. But that ended up being too big of a job, which lead to the VW agreement in the late 60s.
Eventually, Porsche became big enough to do it itself, and now porsche cars are distributed in the US by Porsche Cars North America.
And now look at who's the majority stockholder of VW? My, how the worm can turn! Watch what happens from here....