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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.
2012 Buick Verano stickers for $23,470
Tue, 06 Sep 2011Buick has stamped the compact 2012 Verano sedan with a $23,470 base price, including destination. Set to go on sale later this year, the Verano comes in three trim levels that use a 2.4-liter, four-cylinder engine and a six-speed automatic transmission. The top-level Verano costs $26,850 with destination.
Lexus offers coupons for F-Sport accessories in July
Thu, 02 Jul 2009Lexus is offering a 20 percent discount coupon for use on all F-Sport accessories in July that's worth up to $2,000. Lexus recently added the IS C and the GS to the accessory line, which includes forged alloy wheels, brake upgrades, a sway bar kit and other items. The discount is valid at Lexus dealerships, and it's limited to one per customer.