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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.
Hot Hatch Special
Fri, 27 Feb 2009By the CAR road test team 27 February 2009 09:00 An astonishing 24,524 CAR Online readers voted in our poll to find the greatest hot hatch of all time – and the results are now in. Below we count down the top 46 pocket rockets, hot hatches and GTIs, as voted for by you. Read our verdicts – and yours – below, download the wallpapers of the most affordable sporting models on the planet.
2014 Honda Civic LX recalled over tire issue
Tue, 01 Apr 2014Honda is recalling 9,816 Civic LX sedans and coupes from the 2014 model year due to a potential tire issue. The problem concerns the mounting of the tires -- Honda believes the tire bead may have gotten pinched between the assembly equipment and the steel wheel rims, which in turn may have caused damage to the tire. This problem could potentially cause the tire to lose air, thereby increasing the risk of a crash.