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Nissan to build $2 billion plant in Mexico

Nissan Motor Co. will build a $2 billion auto assembly plant in Mexico, its third in that country, as it works to outgun rival Honda Motor Co. The plant, in Aguascalientes, Mexico, will have initial capacity to build 175,000 light vehicles annually for the United States, Mexico and Latin America, with plans to expand.

Olympic Amy aims for rallying gold

OLYMPIC GOLD medallist Amy Williams OBE is taking on new challenge when she takes part in the Wales Rally GB that starts on 14 November. Williams will be driving a rally-prepared Mitsubishi Evo and will be co-driven by veteran expert and Sky Sports News Formula One pundit Tony Jardine. Although she had never competed in a rally until recently, Williams has had an intensive 10 weeks of training, including tuition from professional rally driver Elfyn Evans.

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.