Well we had just rolled into Geneva and thrown our bags on the floor when Porsche called us direct in our room. (How did they know we were in the Hotel Warwick anyway?? Creeeeepy.)

About one hour before the writing of this blog post, the entire supervisory board of Volkswagen Group approved the increase from the current 31 percent up to 51 percent of Porsche's part of all Volkswagen Group assets. It works out to about 20 billion more dollars changing accounts and all of the other accountant magic that takes place at mighty times like these.

Porsche chairman Wendelin Wiedeking had mainly to get over the hurdle of the German workers union on the supervisory board vote, as factory labor fears for the dreaded efficiency-related changes to VW's current way of doing business. It's all in the game of hunting down Toyota to be worldwide production leader by 2015 or so.

So, our Porsche source tells us, neither Wiedeking nor other key board players will be present at the Porsche dinner tomorrow night. Looks like it's back to Mickey D's.

They add that the whole process of rearranging the big corporate switcheroo "could take a few months at least".

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