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How Porsche will be integrated into VW

By 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.

Brown Ferrari Daytona up for bid at Barrett-Jackson

There was promise in the early 1970s, even with dark clouds muddling the horizon. The death of Meredith Hunter at the hands of the Hell's Angels brought to light flower power's icky underbelly. Within 10 years, the Stones would become enamored of disco.

Terrafugia's next flying car to be a tiltrotor?

It took Bell, Boeing and the United States military decades to get the V-22 Osprey from idea to deployable platform. But with one flying car in the final stages of development, Terrafugia's looking to the military tiltrotor for inspiration. With their Transition model slated to begin deliveries in 2015 or 2016, Terrafugia's TF-X has hit the drawing board.