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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.

Lexus Hybrid sales top half a million

Lexus has revealed that they’ve sold more than 500,000 hybrid cars, with the Rx 450h the top seller and the CT 200h catching fast. Unsurprisingly, as it was the first Lexus hybrid to be introduced in 2005, the biggest seller - accounting for half of all Lexus hybrid sales to date (259,000) – has been the RX 400h / RX 450h, but the CT 200h, which was only introduced in 2011, is catching up fast with sales to date of 122,000 to date. During the last seven years Lexus hybrid sales have risen from 26,000 to 113,000 a year and 25 per cent of those Lexus hybrid sales now happen in Europe, even though we don’t get cars like the HS 250h (56,000 sales) and the ES 300h (8,000 sales).

2014 Chevrolet Camaro Z/28 starts at $75,695

How badly do you want the baddest Camaro built today? When the Z/28 goes on sale this spring, expect to pay $75,000 for it -- or $75,695 with that pesky destination charge tacked on. If you remember, the hotly anticipated Z/28 was one of the big stars at the New York auto show this past March.