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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.
Citroen DS5 now on sale
Mon, 02 Apr 2012Citroen DS5 - now on sale The new Citroen DS5 goes on sale in the UK today, with prices starting at £22,400 for the DSign e-HDi 110 Airdream EGS6. Citroen revealed prices for the DS5 in the UK at the start of February, but at that time the DS5 wasn’t officially on sale. But now it is, with orders being taken for Citroen’s latest DS model.
Porsche to delay entry-level roadster, report says
Mon, 16 Jan 2012Porsche plans to delay the introduction of an entry-level roadster amid worries that the car could dilute the brand's image, CEO Matthias Mueller was quoted as saying in a German magazine. "Possibly we need to wait until the next generation of customers before the idea of a small roadster will work for Porsche," Mueller was quoted the business publication Wirtschaftswoche on Jan. 15.