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Mitsubishi previews Tokyo motor show concepts
Fri, 01 Nov 2013Mitsubishi Motors has released more details on three concept cars at the upcoming Tokyo Motor Show, which we will be attending, and all three concepts have something in common -- they're all SUVs with hybrid technology. And three weeks before the start of the show Mitsubishi Motors has released more details previewing the concept cars since announcing the concepts earlier in October. First up is the Mitsubishi Concept GC-PHEV, in the center of the photo, which is meant to preview a next-generation full-size SUV with full-time four-wheel drive.
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.
Chris Evans reveals CarFest 2014 dates
Fri, 08 Nov 2013Want to indulge your passion for cars and have a great family weekend – with all money raised going to charity? Then circle the 2014 CarFest dates in your diary – Radio 2 presenter Chris Evans has just announced the fast-growing event will take place in August, with tickets going on sale on next week. The Chris Evans car collection Chris Evans’ Ferraris at the 2013 Goodwood Festival of Speed As usual, there will be two events, CarFest North and CarFest South.