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The first SRT Viper is sold, we spot an exotic XTS, and the 2013 SVT Raptor offers more off-road fun, this week's Autoweek in review
Fri, 29 Jun 2012The first SRT Viper crossed the block at Barrett Jackson in Orange County this past week, for a cool $300,000. All the proceeds will go to the Austin Hatcher Foundation, a charity to help families and children affected by pediatric cancer. While the Cadillac XTS hasn't been a stranger on public roads around Michigan, this heavily camouflaged example is a bit of a mystery.
Honda Vezel Compact SUV goes on sale in Japan
Sun, 22 Dec 2013Honda Vezel Compact SUV (pictured) goes on sale in Japan The Honda Vezel – the production version of the Honda Urban Concept – arrived at the Tokyo Motor Show last month as Honda’s take on the Nissan Juke, and it’s now gone on sale in Japan. Honda are claiming to cover allk the bases with the Vezel, stating it offers “the dynamic qualities of an SUV, the elegance of a coupĂ© and the functionality of an MPV”. A car for every man (and woman), no less.
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.