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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.
Toyota's Tokyo treats
Thu, 11 Oct 2007By Tim Pollard First Official Pictures 11 October 2007 10:16 Toyota Hi-CT Concept It's that time again: the bi-annual Tokyo Motor Show kicks off on 24 October 2007, and we're being treated to a flood of teaser information from the Japanese manufacturers. The Japanese show always attracts some crazy cars, and it's built a reputation as one of the few shows where you see some properly out-there concept cars. Toyota won't disappoint this year...
New Skoda Logo & New Skoda Design Concept at Geneva
Wed, 23 Feb 2011The New Skoda Logo Skoda has been making cars for more than a century. Not always great cars, it has to be said, but a noble history nonetheless. And a noble history put to good use by Volkswagen when it acquired Skoda in 1990 and made it in to the entry-point for the Volkswagen brand.
