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Acura finds sales, still seeks luxury identity
Tue, 21 Dec 2010As Lexus, Mercedes-Benz and BMW battle for luxury brand sales leadership this year, Acura has been flying below the radar -- as usual. Honda's upscale division has had a solid year. Sales are up 24 percent over 2009, outpacing the gains made by luxury's big 3.
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.
Mercedes S-Class Grand Edition launches
Wed, 27 Jul 2011Mercedes S-Class Grand Edition - AMG cosmetics to garner the last sales It’s usually a fair assumption that when Mercedes launches a car with a ‘Grand Edition’ badge attached to its boot that the end for that model is nigh. And so it is with the Mercedes S-Class Grand Edition. So before the 2012 S-Class arrives with its Magic Sky and Magic Body and Magic everything else, Mercedes has bolted a lot of its high-end cosmetics to the more lowly S-Class models to try and wring the last few sales out of a car that is long in the tooth and no longer as good as the BMW 7 Series, Audi A8 or Jaguar XJ.