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How Porsche will be integrated into VW
Fri, 20 Nov 2009By 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.
Design Contest: Car Design Awards China 2011 launches
Mon, 06 Dec 2010阅读本文中文版本请点击这里 CDN is pleased to announce the 2011 Car Design Awards China, a competition for students in China that aims to encourage the development of the next generation of domestic talent. The Awards are open to students of any discipline who are studying full-time at a college in China. They work to briefs set by OEMs, and their entries will be judged by a panel of distinguished senior designers whose career backgrounds are both inside and outside China.
2000s supercars
Tue, 15 Jul 2008By Tim Pollard and Ben Oliver 15 July 2008 12:41 Supercars in the Noughties They say power can corrupt, but the horsepower race raged well into the current decade. Ferrari built the Enzo, Porsche the Carrera GT and then came the car that trumped them all: the Bugatti Veyron. The definitive hypercar once again moved the goalposts – although this time, we suspect they’ll remain moved forever.