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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.
Audi TT Coupe 1.8 TFSI launches as entry-level TT
Thu, 13 Oct 2011The new entry-level Audi TT Coupe 1.8 TFSI We wonder if Audi is starting to feel a bit of pain from Peugeot’s RCZ? If it is, that would explain the decision to introduce a new entry-level Audi TT starting at just £24,070 – the Audi TT Coupe 1.8 TFSI. The TT Coupe now gets the option of the entry-level engine already found in the TT Roadster, which means that once again you can get a TT Coupe for less than the entry-level TT Roadster.
Morgan to reveal new 2+2 coupe in 2010
Mon, 14 Jun 2010A classic car show seems like a fitting place to launch a new Morgan, and that’s exactly what visitors to this year’s Pebble Beach event will be treated to. The EvaGT is loosely based on the range-topping Aero Supersports, but has a fixed roof, steeply-raked windscreen and revised side window line, giving it a similar look to the limited-edition AeroMax. Morgan’s teaser pic suggests that the wings have been radically reshaped too.