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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.
Fiat Cinquecento Prima Edizione for US Fiat fans
Mon, 12 Jul 2010The Fiat 500 Prima Edizione You don’t have to be fluent in Italian to work out that Prima Edizione means ‘First Edition’, or something similar. Which is probably as well. Because the Fiat 500 Prima Edizione is destined for the US, and if there is one nation on earth which is more foreign-language-phobic than the Brits it’s the Yanks.
Daihatsu OFC-1 and HSC concepts
Tue, 11 Sep 2007By Ben Pulman Motor Shows 11 September 2007 10:51 It looks remarkably like a Copen… It does indeed, and at 5mm shorter, the same width, and only 45mm higher the OFC-1 is all but identical to the Copen. In fact, it is the new Copen, just not as cute. But perhaps the biggest changes is the switch from a two to a three-piece folding roof.