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This 108-year-old Mercedes Simplex could sell for £900k
Tue, 26 Nov 2013‘Old Mercedes up for auction’ doesn’t quite do this magnificent automobile justice. It’s a 1905 Mercedes Simplex 28/32 Phaeton, and one of the oldest Mercedes still in existence. But this car does not merely exist – it is resplendent as a stunning example of the very best the Edwardian era of motoring had to offer.
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.
Design Contest: Stile Italiano Giovani 2004
Fri, 22 Oct 2004One of the sad things about being editor of a motoring magazine is turning down all the enthusiastic young job applicants who know exactly how to test Ferraris against Lamborghinis, using Porsches as benchmarks...exactly the kind of people I don't need. I imagine it might be the same with judging a design competition. There will be masses of young people who love drawing cars submitting their sketches - and there it all ends.
