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Hyundai announces Shell as partner for 2014 rally return
Tue, 10 Dec 2013By Damion Smy First Official Pictures 10 December 2013 12:00 Hyundai has announced Shell as the major sponsor of its World Rally Championship and revealed its 2014 livery ahead of its first event – the Monte Carlo Rally – in January. The official name of the team is the Hyundai Shell World Rally Team. It also confirmed a new sub-brand to build road-going performance cars, called N, with further details to be announced.
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.
Four artists let loose to customize Renault Twingo cabins [w/video]
Wed, 08 Feb 2012Four examples of the revised version of Renault's Twingo have been given an artistic overhaul. Four artists created four very different visions, which went on display under the title ‘Cabinet of Curiosities' from December to January at L'Atelier Renault on the Avenue des Champs-Élysées, Paris. Four artistic disciplines – fashion, food, music and design – were represented by French fashion designer Jean-Charles de Castelbajac, Italian chef Davide Scabin, former Girls Aloud member Nicola Roberts and German designer Nils Holger Moormann, respectively.