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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.
Mitsubishi to preview next generation SUVs in Tokyo
Thu, 17 Oct 2013Mitsubishi will showcase three new concept cars at next month’s Tokyo Motor Show, all of which are said to preview the next generation of Mitsubishi SUVs. They’re called the Mitsubishi Concept GC-PHEV, the Mitsubishi Concept XR-PHEV and the Mitsubishi Concept AR. On Bing: see pictures of Mitsubishi concept cars Find out how much a used Mitsubishi costs on Auto Trader The Concept GC-PHEV – or Grand Cruiser – is a full size SUV that will provide several clues to the future direction of the venerable Mitsubishi Shogun.
Ferrari Approved
Wed, 16 Jan 2008By Stephen Dobie Motoring Issues 16 January 2008 18:45 Buying a Ferrari – if you have the money not exactly a method of torture in the first place – has just improved. Second-hand models sold through Ferrari UK’s 15-strong dealer network are set to be backed up by Ferrari Approved, a scheme adding some piece of mind to anyone buying a car up to nine years old. Aiming to sidestep the stereotype of unreliable Italian cars, it means the average 900 pre-owned supercars Ferrari UK dealers sells each year are intended to be as good as new.


