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Audi adds V8 power to venomous R8 spyder
Thu, 01 Jul 2010Will a V8 lessen the bite of the Audi R8 spyder? Unlikely. To complement the spotlight V10 engine in its supercar convertible, Audi is adding the 430-hp V8 to round out the powertrain lineup.
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.
BYD e6 electric-taxi fire kills 3 after high-speed collision with Nissan GT-R
Wed, 30 May 2012A BYD e6 electric taxi burst into flames following a collision with a Nissan GT-R in the Chinese city of Shenzhen on May 26. China Car Times reports that the driver of the GT-R might have been drag-racing while intoxicated. The Nissan was reportedly traveling at between 90 mph and 125 mph when it hit the BYD.