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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.
Ford Focus ST facelift (2007): first official pictures
Fri, 09 Nov 2007By Tim Pollard First Official Pictures 09 November 2007 11:45 Facelifted Ford Focus ST: the first pictures Yesterday Ford announced the run-out ST500 special edition of the old Focus, today it's shown the new one.We saw the revised Focus at this autumn's Frankfurt Motor Show, but Ford only teased us with humdrum models. Now the Blue Oval has released the first details of the new ST, with a refreshed look to emphasise its sporty position at the top of the Focus tree.So there's a new bumper, much shallower grille and more rectangular, swept-back headlamps at the front, giving a more techincal look. The rear has been refreshed, too, but the changes are less noticeable.
Porsche 928 on the way back?
Tue, 21 Apr 2009Is Porsche working on a Panamera based replacement for the 928? It’s been a rumour for a long time. Porsche are going to bring back a 928 for the 21st century.