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2010 Cadillac SRX: A new standard for GM's luxury crossovers
Mon, 10 Aug 2009A few years after Lexus touched off the luxury-crossover craze with its RX 300, Cadillac chose to offer the SRX--a completely different, angular tall wagon with a rear liftback built on its rear-drive CTS sedan chassis. Although the SRX was excellent, its showing in a marketplace seeking stylish RX-like crossovers wasn't good. Since it introduced the SRX as a 2004 model, Cadillac has sold a total of 120,000; Lexus sells about 90,000 RXs every 12 months.
The fall and rise of the budget car
Fri, 06 Sep 2013Twenty years ago, the classic bargain brands like Lada seemed to be going the same way as the Soviet empire that spawned them. Woefully dated and badly made, only a weirdo would have bought a new Lada rather than a second-hand model from Ford, Vauxhall or VW. However, one of the big trends in the car industry today is the re-emergence of bargain cars.
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.