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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.
College Exhibition: Coventry University MA Degree Show 2009
Wed, 23 Dec 2009MA students from Coventry University's School of Art and Design presented their annual degree show at Coventry Transport Museum late last month. Entitled ‘Keep Movin', the nine graduating students showed a range of projects, which centered on the theme of sustainable transportation, energy efficient vehicles and new materials. There was also a sample of an earlier group project that explored the future of the car based on the ‘Foresight Future Scenarios 2055'.
Fisker teases Project Nina
Thu, 22 Mar 2012Fisker has revealed a teaser image of what it is expected to be its highly-anticipated Project Nina. The Anaheim, California-based company promises to give a glimpse of what the future holds for the company at the New York auto show next month. Project Nina, the startup carmaker's second model line after the Fisker Karma.