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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.
Ford electrifies the Focus
Fri, 07 Jan 2011Don't be fooled by the Aston Martin-like grille and the stretched headlights--the Ford Focus electric has some serious green-car ethos. The Focus five-door hatch will be Ford's first-ever all-electric passenger car when it launches in late 2011. It can travel at speeds up to 84 mph and takes three to four hours to charge on a 240-volt outlet.
McLaren P1 back at the Nurburgring in attack mode
Sat, 19 Oct 2013The McLaren P1 is back at the Nurburgring looking to set a new record It was brave of Ron Dennis to declare – before the McLaren P1 was anywhere close to finished – that the it would be able to lap the Nurburgring in under 7 minutes. He was obviously very confident his new baby was up to the task but, just like McLaren’s current Formula One car, the P1 seems to be just a bit off the pace. Last month we reported that it seemed the best the McLaren P1 could do at the Nurburgring was a 7:04s – a time McLaren didn’t make official – so we knew McLaren would be back with their laptops and engineers as soon as they’d figured a way to trim those last few seconds.