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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.
Volcanic Ash – bad for your car’s paintwork
Wed, 21 Apr 2010Volcanic ash on the back of our test Range Rover Sport Who says we don’t do consumer advice at Cars UK? We know that the Government claims every jet will fall out of the sky if they fly with even a cup full of volcanic ash in the atmosphere. The argument goes that all that dust and stone and rubbish will get sucked in to the engines, melt and then solidify to trash the engine.
Brussels Motorshow 2008
Thu, 24 Jan 2008By Graeme Dykes Motor Shows 24 January 2008 23:29 Running from January 17th-27th, the Brussels Motorshow is probably the first European motorshow of the year. Comparisons with Detroit are perhaps unfair but almost inevitable. There was certainly plenty of glamour with Ferrari, Maserati, Porsche and Lamborghini amongst the exotic participants.