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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.

Concours d'Elegance of America: Auctions and Tigers, Oh My!

Detroit knows how to do car shows. Perhaps no area in the country outside of Pebble Beach can put on a multiday, multievent festival of sheetmetal in the manner in which the Motor City can. It's intrinsic, at times it's altruistic--but it's always about the cars.

Global car launches at Pebble Beach 2013

Not content with playing host to hundreds of the world’s rarest classic cars, the 2013 Pebble Beach motoring week in Monterey, California, also saw the first global public outings of several new cars and concepts. Here’s our pick of these high-profile unveilings with cars from established mega brands like BMW, Aston Martin and Cadillac as well as exotic specialists like fiercely independent Dutch brand Spyker and Moroccan supercar marque Laraki.