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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.
Sustrans backs City's 20mph plan
Mon, 16 Sep 2013THE CHARITY Sustrans, which encourages people to travel by foot, bike or public transport, has welcomed plans to cut speed limits within the City of London to 20mph. The City of London's Court of Common Council approved the plan to reduce the speed limit to 20mph in the City as part of its Road Danger Reduction Plan. It is argued that the plan will reduce casualties by almost 10% while adding only a minute to journey times.
White Van Man numbers booming
Thu, 10 Apr 2014THE ADVANCE of White Van Man is accelerating, according to figures highlighted by the RAC Foundation. Between 2002 and 2012 the number of light vans on the roads increased by 29% to 3.3 million. During the same period, the increase in cars was 11%, with one in 10 vehicles on the roads now a light commercial vehicle.