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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.
Jaguar Land Rover sales up 32% in January 2013
Wed, 13 Feb 2013Jaguar Land Rover sales continue to power ahead, with sales up 32 per cent in January 2013 – 31 per cent up for Land Rover and 40 per cent for Jaguar. We’ve got used to ever increasing sales from both Jaguar and Land Rover in recent years, and 2013 has started for JLR in the same manner as 2012 – with sales up by 32 per cent. JLR are reporting sales up in every major market, with China topping the list with an increase of 74 per cent, but even the UK (up 33 per cent) and USA (up 24 per cent) performed well and, despite sales falling across Europe for most car makers, Jaguar Land Rover managed to increase their sale by 10 per cent on the Continent.
Honda Civic Tourer (2013) at Frankfurt motor show
Sun, 11 Aug 2013The new Honda Civic Tourer might just be a better looker than its hatchback brother. Binning the split rear window tailgate and forming a ‘floating roofline’ makes for a decent-looking estate – but we expected that after clapping eyes on the concept car. What we can tell you is the showroom-ready Civic Tourer has the biggest boot in the compact estate class, and employs similar suspension technology to that of a Golf GTI – or an Audi R8.