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General Motors reshuffles Executive Design leadership team

General Motors will be changing its Executive Design leadership team around in the coming months to accelerate global product development. The announcement came on the heels of news regarding the giant automaker being surpassed by rival Toyota in global sales. In an effort to bring itself out of the red, the company is reshuffling its design team in several areas.

Megane Renaultsport 265 Trophy grabs Nurburgring Record

Megane Renaultsport 265 Trophy and the Nurburgring crew First we get the news that Renault has pushed out a limited edition Megane Renaulsport – the Megane Renaulsport 265 Trophy with a slightly tweaked and titivated version of the Megane Renaultsport 250 – and now we get the follow-up publicity with the claim of a new Nurburgring record for the brisk Megane. This isn’t a record that’s quite as daft as some of the records that are claimed for the Nurburgring (there almost seems to be a specific category of ‘Record’ time to fit every car maker’s needs), but it does seem a bit obscure. It’s the Nurburgring record for the fastest production front wheel drive car.

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.