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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.
Toyota to recall 1.1 million Corolla, Matrix models prone to stalling
Thu, 26 Aug 2010Toyota Motor Corp. today issued a recall of 1.1 million Corolla and Corolla Matrix vehicles from the 2005-08 model years after more than 1,000 complaints of stalling. In a statement, Toyota said it was addressing some engine control modules that may have been improperly made.
Nissan Murano Diesel – finally
Tue, 16 Mar 2010The Nissan Murano is to get a diesel option from September The Nissan Murano is the Qashqai’s big brother, just as the soon to arrive Nissan Juke is the baby. But the Murano often tends to get overlooked because it seems like it doesn’t really belong in Europe. It feels – and looks – a bit like a Crossover designed for the US with its blingy looks and petrol only V6 (from the old 350Z).