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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.
Five questions with Jaguar's 1960s test driver Norman Dewis
Tue, 17 May 2011Norman Dewis, Jaguar's test driver in the 1960s, played a pivotal role in the E-type launch at Geneva in 1961. Now a sprightly 93-year-old, he recalls that day for AutoWeek. AutoWeek: What was your role in the E-type launch?
2015 Volkswagen Golf R ice drive
Thu, 03 Apr 2014What is it? Where is it may be the better question. Arvidsjaur (pronounce it “our-vids-yower”), Sweden, has a name that's easier to pronounce when your jaw is just a little bit numb from the cold.