Tekonsha 90160 Primus Iq Electronic Brake Control on 2040-parts.com

How Porsche will be integrated into VW

By Georg Kacher Motor Industry 20 November 2009 12:32 Although Porsche won't be a fully integrated member of the Volkswagen group before mid-2011, the sports car maker can even at this early point in the merger no longer make independent strategic decisions. After all, Martin Winterkorn has effectively been appointed head of the Porsche SE Holding which in turn employs the Porsche AG chairman Michael Macht.  With a takeover as costly and complicated to fund as this one – all in all, VW will have to fork out a staggering €16 billion to absorb the latest family member – it is only logical that the new owner wants to get the restructuring process going asap. Overnight, Porsche has become easily VW's most expensive brand.How VW will integrate PorscheTo protect and eventually enhance its value, the powers in Wolfsburg will leave no stone unturned to rearrange the product portfolio, to streamline R&D, to shake up purchasing and production, and to ensure a variety of synergies which are estimated to range from €500m to €750m per year.

Umea Institute of Design prepares for annual Degree Exhibition

The Institute of Design is housed in a converted power station and purpose-built premises on the banks of the Umea River. The school has an atmosphere that is open and light, and all students have their own personal workspace within this environment. There are well-equipped workshops for woodwork, metal, plastic, clay modelling, assembly and painting.

FBI hunts £1.8m eBay car fraudster

The Federal Bureau of Investigation (FBI) in the USA has issued a wanted poster for Nicolae Popescu, a Romanian man they suspect of leading a “sophisticated internet fraud scheme where criminal conspirators, posted advertisements on internet auction sites for merchandise for sale”. The scam – predominantly carried out using eBay Motors – convinced would-be buyers to part with money for cars that didn’t exist. On Bing: see pictures of car fraud 15 car-selling scams every car buyer should know about The conspirators posed as eBay sellers and then sent fraudulent invoices, that appeared to be from legitimate online payment services, with instructions for payment to bank accounts held in the United States.