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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.

Aston Martin Vantage GT3 (2011) first official picture

This is the Aston Martin Vantage GT3. Created and developed by Aston Martin Racing, it's a GT3-spec racer based on the V12 Vantage road car, and it'll be ready to compete in the FIA GT3 series (and other GT3 events) in 2012. Which is exactly the same time that McLaren's MP4-12C GT3 racer will be ready...

Fuel prices 'rising again'

THE AUTUMN dip in petrol prices failed to stimulate sales and the cost of filling up is rising again, according to the AA. Drivers in small market and coastal towns are particularly suffering from high prices, with the dearest petrol found in East Anglia and Wales, the AA said. It added that between mid November and mid December, the average UK price of petrol rose from 130.44p a litre to 131.17p, while diesel increased from 137.78p to 138.61p.