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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.
Government sets drug-drive limits
Thu, 27 Mar 2014Plans to introduce a drug-drive limit have edged closer as limits for 16 different drugs have been approved. Eight prescription and eight illicit drugs have been added to the regulations which will be introduced this autumn, meaning it’ll be an offence to be over the prescribed limits. Police ‘spitalyser’ to catch drug-drivers Young people in drug-driving shock Police will be clamping down on people who drive after taking drugs such as cannabis with a limit of 2 micrograms per litre (mcg/l), cocaine (10mcg/l) and ecstasy (10mcg/l) – while people who take prescription drugs like morphine (80mcg/l) and diazepam (550mcg/l) will also have to be careful not to break the limit.
Carlsson upgrades the Mercedes-Benz CLS63 AMG for the Geneva motor show
Wed, 29 Feb 2012If supercars had a spiritual home all to themselves, it probably would be the Geneva motor show. This year we'll see the new Ferrari F12 Berlinetta, the Lamborghini Aventador Roadster and the Aston Martin V12 Zagato. But it's not only the home of production supercars; the tuning companies come out to show their wares as well.