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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.
New 2014-2015 Volkswagen Passat and Passat Estate details and pictures revealed
Fri, 04 Jul 2014Volkswagen has released the first details of the new eighth-generation Passat, which goes on sale in the UK and Europe before the end of 2014. The new VW Passat is lower, lighter, up to 20% more fuel-efficient and much more striking to look at. Could this be the Passat to tempt you out of that BMW 3 Series?
Lambo Superleggera (2010) at Geneva motor show
Mon, 01 Mar 2010This beautiful green beast is the new Lamborghini Gallardo LP570-4 Superleggera, unveiled tonight at the Volkswagen Group’s big party ahead of tomorrow’s 2010 Geneva motor show. This LP570-4 Superleggera will hit 62mph in 3.4 seconds (its predecessor took four tenths longer and the LP560-4 needs 3.7 seconds for the benchmark sprint), dash past 124mph after 10.2 seconds, and reach 202mph flat out. It’s not a harder, faster version of the special edition, rear-drive Balboni Gallardo, but a harder, faster version of the regular LP560-4. Spot on.