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Volkswagen Passat (2011): the American one
Mon, 10 Jan 2011Volkswagen has unveiled the US version of the Passat at the 2011 Detroit auto show. VW’s European customers won’t be able to buy it, but will be interested in the price: despite being longer and wider than the car offered in Europe it will start from just £13,000 before taxes for a 168bhp five-cylinder petrol. The nearest petrol Passat costs £19,529 in the UK.
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.
Mercedes Concept Coupe SUV (2014) hints at X6 rival
Wed, 09 Apr 2014Mercedes' new Concept Coupe SUV previews a new ML-based 4x4 that goes on sale in 2015 By Ben Pulman First Official Pictures 09 April 2014 12:18 This is our first glimpse of Mercedes’ new rival to the BMW X6. It’s the new Mercedes Concept Coupe SUV, a show car set to be unveiled at the Beijing auto show later this month, but it also previews a new ML-based 4x4 that’ll go on sale in 2015. The solitary teaser image was revealed at the Daimler annual shareholders' meeting (sounds like a fun event…) where chairman of the board of management and head of Mercedes' car division Dr Dieter Zetsche announced the company’s future expansion plans.