S1 Ep69: Why Volkswagen is the Gamestop of Cars
Past Gas
Donut Media
4.9 • 7.2K Ratings
🗓️ 1 March 2021
⏱️ 46 minutes
🧾️ Download transcript
Summary
Before Gamestop revolutionized the world of stonks, there was… Volkswagen. Over a decade before Reddit made GME a meme, one of the craziest short squeezes in history involved VW and Porsche. How did VW briefly become the most valuable company in the world? And how did it all go down in flames. On today’s episode of Past Gas, we’re trading in the short shifter for the short squeeze. It’s time to talk Volkswagen-- the GameStop of cars.
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Transcript
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| 0:00.0 | At Lloyd's Bank, where buy your side for the year ahead with the Silver Current account. |
| 0:04.8 | You can get European family travel insurance, mobile phone insurance and AA breakdown family |
| 0:10.4 | cover all in one place for only £10 a month. |
| 0:13.8 | Find out more at Lloyd's Bank.com-forward-slash-silver-account. |
| 0:17.2 | Lloyd's Bank, buy your side. |
| 0:23.4 | There is a £10 monthly fee for maintaining the account and benefits are provided by selected |
| 0:27.9 | third parties' exclusion supply. |
| 0:30.7 | Hi everybody, I'm Nolan from Past Gas by Donut Media. |
| 0:33.6 | We're an automotive history show. |
| 0:35.0 | It's kind of like hanging out in the garage with your friends listening in the hotel |
| 0:38.1 | a great story from automotive history. |
| 0:40.2 | On our next episode of Past Gas, Alan Prost was a fiery Frenchman and an elite driver known |
| 0:45.9 | for dominating the track like no other driver before him. |
| 0:49.1 | But along with his unrivaled success, the professor had an extremely combustible personality |
| 0:53.8 | and made more than one enemy on his path to glory. |
| 0:56.3 | But how did the son of a small town handyman become an F1 driver in the first place? |
| 1:00.8 | What led to Prost's legendary personal feud with Erich and Senna? |
| 1:04.5 | And how does Alan's legacy stand up against recent grates like Schumacher and Hamilton? |
| 1:08.6 | It's the story of the fastest Frenchman in F1 history, Alan Prost, and the feud that |
| 1:13.4 | captivated the world of motorsport. |
| 1:15.9 | To find Past Gas wherever you get your podcasts, check it out. |
| 1:27.9 | Picture this. |
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