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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.
Infiniti Etherea concept (2011) at 2011 Geneva motor show
Tue, 15 Feb 2011This is the Infinit Etherea, unveiled today at the 2011 Geneva motor show, and the company is unusually candid about the purpose of this new, smaller Infiniti show car. The blurb says: 'it is a compact luxury model that previews how a future entry-level Infiniti could look.' Says it all really. The compact vehicle is aimed at the younger buyer looking for a little luxury - it's all about downsizing.
Win an Audi R8 for the weekend!
Wed, 25 Feb 2009By Tim Pollard Competitions 25 February 2009 09:00 Click here to win an Audi R8 for the weekend with CAR Magazine To celebrate CAR Magazine's new look, we've teamed up with supercar club Ecurie25 to give one lucky reader the keys to an Audi R8 supercar for a long weekend, with tyres from Blackcircles.com as a runners-up prize. The R8 remains one of our favourite sports cars of the moment and picked up our coveted Performance Car of the Year gong in 2007. You'll be able to collect the keys to the V8 on a Friday morning from Ecurie25's London HQ and get to drive the 414bhp coupe all weekend until you hand back the keys to their base on Monday afternoon.