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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 to build cars in China
Sun, 09 Sep 2012Jaguar Land Rover has revealed it is going to build cars in China, starting with either the Freelander 2 or Evoque. Jaguar Land Rover has revealed that it going to build cars outside the UK for the first time (as opposed to re-assembling Freelander 2 CKD kits as it does in India) in a plant just north of Shanghai. As this is China, official permission from the Chinese government is required, but with the joint venture between Chery and JLR now official its seems unlikely to be a problem as JLR will already have agreed to Chery producing JLR cars with Chery badges on.
Mazda CX-5 is born from the Mazda Minagi Concept
Mon, 18 Apr 2011Mazda CX-5 - the Mazda compact SUV Back at the Geneva Motor Show this year Mazda pitched up with the oddly named Mazda Minagi Concept, a compact SUV which we said would arrive in showrooms as the Mazda CX-5. And it is. Mazda has announced that the CX-5 will be going in to production and that we will be seeing a production-ready version at Frankfurt in September, which suggests that the CX-5 will be in a showroom near you in early 2012.