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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.

BaT Euro Alfa Adventure -- Part 2 -- Seeing our 1964 Giulia Sprint GT for the first time

Though the racing events were the original justification for this trip to Europe, the greatest anticipation was coming from picking up the Alfa Romeo. With Goodwood finished off, it was time to collect the 1964 Giulia Sprint GT that we had committed to buy just last week. We've never bought a car to bring back to the USA before, but we see it all the time on BaT and wanted to do it ourselves so that we could learn more about the details of such a transaction.

GM recalls 2011 Cadillac SRXs for airbag fix

General Motors is recalling 50,500 copies of the 2011 Cadillac SRX crossover because the front-passenger airbag does not work as outlined in the owner's manual. The recall affects 47,401 vehicles in the United States, with the remainder in Canada and Mexico. GM said there are no reports of crashes or injuries related to the issue.