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Diesel rocket passes 300mph in record bid
Fri, 18 Aug 2006By Phil McNamara Motor Industry 18 August 2006 09:30 The 1500bhp JCB Dieselmax has passed 300mph in a test run for its diesel land speed record attempt. The sleek racer – powered by twin diesel engines each producing 750bhp – touched 308.252mph yesterday (Thursday 17 August). That smashes the current diesel car world record of 235.756mph, set in 1973.
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.
New Chevrolet Corvette Stingray Convertible revealed
Sun, 03 Mar 2013The soft top version of the new Stingray has been revealed – the 2014 Chevrolet Corvette Stingray Convertible – ahead of a debut at the 2013 Geneva Motor Show. But aside from issuing the two photos of the new convertible Stingray, Chevy isn’t giving anything away ahead of its debut at Geneva in a few days. But it’s not much of a stretch to expect the same 444bhp 6.2 litre under the bonnet as the regular Stingray, enough to get the Stingray to 62mph in under 4 seconds and no doubt the convertible just a shade behind.