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From 'Made in China' to 'Designed in China'
Thu, 27 May 2010Visitors to the recent Auto China in Beijing may have noticed an impressive new Chinese sports car – called Aculeus – on one of the smaller exhibitor stands. The concept car is the latest project undertaken by CH-Auto Technology Corporation – one of a growing number of automotive R&D service companies based in China that provides support to the OEMs. The company was established in August 2003 by Lu Qun, an engineer who originally trained at Tsinghua University and later specialized in engine development testing.
Mercedes-Benz SLS prepped to go GT3 racing
Tue, 23 Mar 2010Mercedes-Benz AMG pulled the wraps off its new race car on Monday in Oaxaca, Mexico, scene of a commemoration of Mercedes' victory in the 1952 Carrera Panamericana. The new SLS GT3 is a modified Mercedes-Benz SLS intended to meet FIA homologation requirements for the GT3 class in series throughout the world. While it's not known what the production car will look like when it starts going to customers either this fall--according to the press release--or "before the start of the 2011 racing season," according to AMG's Thomas Rappel, the prototype shown in Oaxaca had a full roll cage, a new front skirt with splitter, rear diffusers and an enormous rear wing.
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.