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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.
Mitsubishi weighs a 'different direction' for the Lancer Evolution
Fri, 04 Mar 2011The current generation of Mitsubishi Motors Corp.'s Lancer Evolution high-performance sedan appears be its last as the automaker works to refashion itself as a leader in electrified vehicles. Mitsubishi is considering a "different direction" for its rally-inspired, all-wheel-drive sport sedan as it prepares to launch eight electric or plug-in hybrid vehicles globally by 2015. The plan is fueled in part by a need to meet tougher global fuel economy and emissions regulations.
BMW Alpina B3 Bi-Turbo (2013) first official pictures
Thu, 28 Feb 2013Alpina has revealed the first teaser shots of its hot 3-series supersaloon, the B3 BiTurbo, which packs 404bhp and 442lb ft. It's a BMW M3 by another name. The nitty gritty technical details will be revealed in full at next week's 2013 Geneva motor show, but for now read on for the spec of Alpina's potential giant-killer...