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Aston Martin confirms Middle East-only Lagonda super-saloon
Fri, 25 Jul 2014By John Mahoney Motor Industry 25 July 2014 16:54 Aston Martin has confirmed it will once again make a Lagonda super-saloon - but only for Middle Eastern markets. The details of Aston’s secret plans to resurrect its luxurious nameplate for a small production run of luxury saloons were revealed in the July 2014 issue of CAR following our spy photographer captured a wedgy four-door saloon testing on the roads around Aston Martin’s Gaydon HQ in Warwickshire. The mule we snapped, like the production car set to arrive in 2015, is based on Aston’s familiar VH architecture that underpins the four-door Aston Martin Rapide.
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.
VW to announce Italdesign takeover on Tuesday
Mon, 24 May 2010Volkswagen will announce Tuesday that it will take a 90 percent stake in Italdesign Giugiaro S.p.A, people familiar with the matter told Automotive News Europe. The Giugiaro family will retain 10 percent in the Italian design house that is famous for styling cars such as the first-generation VW Golf. VW plans to acquire control of Italdesign to help reach its goal of becoming the world's largest automaker by 2018 with sales of 10 million vehicles a year.