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Driving 'too pricey' for the young

A THIRD of young people say driving is not too expensive and they will not bother to learn to drive or buy a car. A study of 17- to 25-year olds found a third (35%) had decided against driving or owning a car because of the expense involved. Many cited the cost of driving lessons as a disincentive and they also believe it is cheaper to use public transport than own a car themselves.

A look at GMC future products

In coming months, GMC will be working to reignite sales growth for its popular crossovers. After that, its focus will be on the next generation of its highest-volume vehicle: the Sierra pickup. The Acadia full-sized crossover will be restyled with extensive interior upgrades when it goes on sale in late fall.

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.