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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.
BMW M550d xDrive (2012) - the diesel M saloon
Thu, 26 Jan 2012BMW has launched its first diesel M car: the new M550d xDrive in saloon and Touring estate forms. It's part of a strategy to fill the gap between the exclusive M GmbH division cars and the top-end cosmetic M Sport trim lines with a new range of M lite: BMW M Performance Automobiles. Developed by the engineers responsible for the M3, M5 et al, the new M550d xDrive is powered by a new high-output version of the 3.0-litre straight six turbodiesel packing not one, not two, but three turbochargers.
Toyota: Fixes are working on recalled vehicles
Tue, 09 Mar 2010Toyota maintains that the fixes being made to correct unintended acceleration in millions of recalled vehicles are sufficient. But at a press event Monday, company officials said they are willing to bring in as many independent researchers as needed to resolve the issue once and for all. “We don't think there is a ghost issue out there,” said Kristen Tabar, general manager of electronic systems at the Toyota Technical Center in Ann Arbor, Mich.