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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.
Ford opens online reservations for the 2012 Focus electric
Wed, 02 Nov 2011People can now place their online orders for the 2012 Ford Focus electric, Ford's first all-electric passenger car. The electric Focus carries a base sticker price of $39,995 including shipping charges, but that price does not reflect any tax credits available. The electric Focus comes standard with MyFord Touch with an eight-inch touch screen, two 4.2-inch color LCD displays in the gauge cluster for EV monitoring screens, and the MyFord Mobile App for remotely monitoring the charge status of the lithium-ion battery.
Jeep Wrangler: first details of the 2011 facelift
Fri, 20 Aug 2010Jeep has facelifted the Wrangler. No, really. It might not seem like it, but the American manufacturer has given its boxy 4x4 a raft of updates to enable it to continue treading water in these modern times.