LeMans Series Announces 2010 schedule

LeMans Series Announces 2010 schedule

At the same time as the past season is officially declared over and many guests are gathered at the Le Mans circuit for the 2009 prize giving ceremony, the complete 2010 calendar is finally disclosed. Five races for this seventh season, including some novelties.

First of all, the opening race of the season will be held on the Castellet circuit and will last 8 hours. After the success of the night race on the Portimão circuit in 2009, the experience will be repeated and reinforced with two nocturnal races: once again in Algarve, and in Hungary. The 1000 Km of Spa-Francorchamps and Silverstone, firmly rooted in the Le Mans Series tradition, conserve their format and date.

March 7-8 Official Tests –Paul Ricard Circuit
April 9-10-11 8H of the Castellet –Paul Ricard Circuit
May 7-8-9 1000 Km of Spa-Francorchamps
July 15-16-17 1000 Km of Algarve (Night race)
August 21-22 1000 Km of Hungaroring (Night race)
September 10-11-12 Autosport 1000 Km of Silverstone

In a nutshell…

The 8 Hours of the Castellet (9/10/11 April)
The first race of the 2010 Le Mans Series season will be held on the Castellet circuit, in the south of France, on 9, 10 and 11 April. This circuit, both ultra modern and firmly rooted in the history of motor sports which has just reopened its doors to the public, has welcomed the Official Tests of the Series since 2004 and will do so again in 2010 on 7 and 8 March.

For an exceptional race, an exceptional format! The opening of the season will not be done with the usual 1000 Km schema (or 6 hours), but will last 8 hours with a late morning start and an arrival at sunset around 7pm.

Note that this race will award the same number of points as a 6 hour race, only races 50% longer than the usual 1000 Km distance count double.

The 1000 Km of Spa Francorchamps (7/8/9 May)
This race is now a traditional meeting for all Endurance racing enthusiasts. Always held in May, it is the last race before the iconic 24 Hours of Le Mans.

The Belgian track, winding and hilly is a big challenge for the drivers but also for the machines and remains one of the favourite circuits of all motor sports lovers.

In front of the many enthusiastic spectators, the line-up for the start is often the biggest of the season. This year, the tradition of the Belgian race will no doubt be respected.

The 1000 Km of Algarve (15/16/17 July)
The first edition on Portuguese soil in 2009 was a success: summer ambiance, high tech circuit, a present public … everything combined to make this meeting one the series musts! The Le Mans Series competitors will return to the Portimão circuit for this night race after having had time to recover from the 24 hour race.

The 1000 Km of Hungaroring (21/22 August)
Another novelty for Le Mans Series: Hungary. The race, which will be held over two days, will be the season’s second night race.

The Hungaroring circuit, 19 Km from Budapest, is nicknamed the “Turnstile”. Measuring 4,381 Km, it is very narrow and winding. Built along a natural valley and flanking the hillsides, its natural implantation allows an 80% visibility of the circuit for practically all the spectators, wherever they may be. It will be a first for the teams who will discover during this nocturnal race, life… “by night” in Hungary!

The Autosport 1000 Km of Silverstone (10/11/12 September)
Another Le Mans Series classic: the 1000 Km of Silverstone. Traditionally established as final race of the season, the 2010 edition will respect the rule. Held over 3 days, the British race is always one of all challenges for the teams and drivers, such as Jean-Christophe Boullion in 2009, admired by all for his incredible comeback trying to win against all odds until the very last moment. The British soil witnesses these heroes’ assaults. Very Shakespearian, isn’t it?

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Audi 2.0T, 3.0T, 2.0 TDI Win Ward’s 10 Best Engines Awards for 2010

Audi 2.0T, 3.0T, 2.0 TDI Win Ward’s 10 Best Engines Awards for 2010

Soutfield, MI. — Ward’s 10 Best Engines, North America’s only award program honoring engine excellence, have been announced for 2010. The list symbolizes the auto industry’s swift movement toward downsized engines to attract consumers who now are making fuel efficiency a top priority.

Highlights: Two turbodiesels (one each from BMW AG and Volkswagen AG) and two hybrid-electric vehicles (from Ford Motor Co. and Toyota Motor Corp.) made this year’s list by achieving fuel economy of nearly 40 mpg (5.8 L/100 km) in the VW Jetta SportWagen TDI and up to 55 mpg (4.2 L/100 km) in the Toyota Prius in real-world driving.

This year’s winners and the applications tested:
2.0L TFSI Turbocharged DOHC I-4 (Audi A4)
3.0L TFSI Supercharged DOHC V-6 (Audi S4)
3.0L DOHC I-6 Turbodiesel (BMW 335d)
2.5L DOHC I-4 Hybrid (Ford Fusion Hybrid)
3.5L EcoBoost Turbocharged DOHC V-6 (Ford Taurus SHO)
2.4L Ecotec DOHC I-4 (Chevrolet Equinox)
4.6L Tau DOHC V-8 (Hyundai Genesis)
2.5L Turbocharged DOHC H-4 (Subaru Legacy 2.5GT)
1.8L DOHC I-4 Hybrid (Toyota Prius)
2.0L SOHC I-4 Turbodiesel (Volkswagen Jetta SportWagen TDI) also standard in Audi A3 2.0 TDI

“This year’s list embodies how the industry is responding to demands for higher fuel economy and lower emissions without shortchanging performance,” Ward’s AutoWorld Editor-in-Chief Drew Winter said. “Auto makers are using innovative designs and advanced technology to boost horsepower and torque while downsizing engines and increasing efficiency.”

To be eligible for the competition, each engine must be available in a regular-production U.S.-specification model on sale no later than first-quarter 2010, in a vehicle priced no more than $54,000, a price cap indexed to the average cost of a new vehicle.
Throughout October and November, six editors of Ward’s Automotive Group tested 34 vehicles from 13 auto makers in their normal driving cycles in metro Detroit. They scored each engine based on horsepower, torque, refinement, technical relevance and comparative data. Each engine was evaluated because it was all-new, offered significant technology upgrades or was a returning winner from last year.

The awards will be presented at a Jan. 13 ceremony in Detroit during the North American International Auto Show. A full story on the Ward’s 10 Best Engines is now available on Wardsauto.com.

Ward’s Automotive Group is a world-leading provider of auto industry news, data and analysis, having served the industry’s information needs for nearly 80 years. Ward’s AutoWorld is a monthly magazine serving more than 68,000 automotive professionals. The twice-monthly newsletter Ward’s Engine & Vehicle Technology Update provides analysis of engineering advancements and technical issues. WardsAuto.com is an online subscription service delivering virtually all the industry news, data and analysis compiled by Ward’s Automotive Group, the world’s leader in automotive industry information. A Southfield, MI – based division of Penton Media, Inc., Ward’s Automotive Group also publishes the weekly industry newsletter Ward’s Automotive Reports, the monthly magazine Ward’s Dealer Business, and offers a wealth of other automotive information services including reference annuals, online databases, and customized data reports.

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Introducing the New Bentley Azure T: The world’s most luxurious convertible

Introducing the New Bentley Azure T: The world’s most luxurious convertible

Stylish and powerful, the new Bentley Azure T is the world’s most elegant convertible and destined to become a future classic. With unique Bentley ‘T’ styling cues reinforcing its sporting stance, the 500bhp Azure T delivers driver-focused performance with the ability to transport four adults in first-class, open-top luxury.

The new Azure T, specified with the high performance version of Crewe’s iconic 6¾ litre V8 engine, is the latest in a line of Bentley models to bear the ‘T’ legend. The 1996 Continental coupe was the first modern Bentley ‘T’, followed in 2002 by the Arnage T, both flagship models with a distinctive sporting character and thunderous performance.

The Azure’s already striking form is now enhanced by 20-inch 5-spoke wheels and tyres, ‘Le Mans’ front wing vents, dark tint matrix grille and a sculpted, retractable Flying ‘B’ mascot.

For the performance-oriented Azure T, the twin-turbocharged V8 engine produces 500bhp and 1000 Nm of torque – an 11 per cent increase in power and a 14 per cent increase in torque over its 450bhp/875 Nm Azure stable mate.

The famous Bentley wave of torque is even more prodigious than before and performance is significantly raised with a top speed of 179 mph (288 km/h) and a 0-60 mph time of just 5.2 seconds (0-100 km/h in 5.5 sec). Member of the Board, Sales and Marketing, Stuart McCullough comments:

“The new Azure T reflects our passion for creating the world’s most exhilarating and prestigious convertibles that, true to the Bentley T tradition, blend sophistication with a powerful presence.”

A UNIQUE OPEN-TOP MOTORING EXPERIENCE
Based on the Azure, the Azure T offers a range of discreet exterior cues that further enhance its powerful stance and hint at its increased performance potential. Key ingredients of its distinctive appearance include design features such as 20-inch five-spoke, two-piece alloy wheels and ‘Le Mans’ lower front wing air vents.

Further distinguishing points from the Azure are standard features such as dark-tinted upper and lower grilles, ‘jewel’ fuel filler cap (made from billet aluminium) and door mirror mountings finished in body colour.

Like the Bentley Brooklands, the Azure T sports the iconic Flying ‘B’ mascot, which can retract neatly into the grille surround. Originally designed by motoring artist F. Gordon Crosby, the ‘B’ was first used on the 1930 Bentley 8-Litre.

With exterior lines that echo visual elements of the Bentley Mk.6 from 1946, the Azure was enthusiastically received on its original debut as a concept car at the Los Angeles Show in January 2005. Now, as the Azure T makes its own ‘debut’ at LA, Raul Pires, Manager of Exterior design for Bentley Motors, notes:

“The Azure’s proportions provided us with the ideal platform to work with when creating the new Azure T. The prominent haunches and ‘supermodel’ body inspired our designers to create a new interpretation of a Bentley convertible with the accent placed on a more muscular, sporting stance.”

Bentley’s designers highlight the 1955 Park Ward S1 Drophead Coupé and 1995 Azure as the main influences for the current Azure and Azure T. Like the ’50s convertible, the car has a deep body with a single feature line that runs along both flanks and rises at the powerful rear haunches before spearing off at the rear of the car. Similarly, the Azure T’s fast and flowing roofline is echoed in its seven-bow canvas roof that gives the car a visible sporting profile when raised.

Prominent wheel arches grace a slender, narrowing boot that results in a ‘horse shoe’ trailing edge. This elegant shape is reminiscent of the first Crewe-built Bentley, the Mk.6, and the overall effect is a subtle hint at the power and performance that lies beneath the Azure T’s bodywork.

Delicate brightware detailing accentuates the flowing lines of the Azure T and this includes rear tail-lamp bezels, exhaust finishes and slender strips that run the length of the car.

Significant time and effort has gone into making the Azure T’s folding roof attractive as well as highly functional. Operated hydraulically at the touch of a switch, the impressive, three-layer canvas roof is elegantly stowed beneath the rear parcel shelf in a matter of 25 seconds. Because the roof is held in a separate well area, there is no impact on the generous boot space which was designed to hold two sets of golf clubs and hand luggage.

EFFORTLESS PERFORMANCE FROM MIGHTY V8
The engine and transmission of the Azure T are identical to those already employed in the high-performance Arnage T and Arnage Final Series saloons. In this specification, Bentley’s remarkable all-aluminium 6¾ litre V8 engine produces 500 bhp (507PS/373kW) and 1000 Nm (738lb ft) of torque – with over 90 per cent of that torque available between 1,800 and 3,800 rev/min – figures that ensure the signature Bentley ‘wave of torque’ delivers effortless performance for a unique open-top convertible driving experience.

Each of these hand-made V8 engines comes with a black-finish air intake manifold bearing the signature of the team leader who oversaw its construction by Bentley technicians in the Crewe factory. The six-speed ZF automatic transmission ensures optimum flexibility, response and refinement. Three transmission modes (Drive, Sport and Manual) allow the driver to take full advantage of the powerful 500 bhp V8 engine.

A sophisticated electronic management system provides fast yet smooth gearshifts regardless of how the car is being driven. Another important feature of the latest Azure T is the separation of the sports suspension and sports gearbox settings, allowing the driver to select their preference for each system independently – via a ‘Sport’ switch on the dashboard for the suspension and by positioning the gearlever for the transmission’s Sport mode.

Bentley’s V8 guarantees outstanding performance levels. From standstill, acceleration to 60 mph is achieved in just 5.2 seconds (0-100 km/h 5.5 seconds), 100 mph reached in 12.1 seconds (160 km/h in 12.0 seconds) and a top speed of 179 mph (288 km/h) is possible.

DYNAMIC HANDLING, SUPERB RIDE AND AWESOME BRAKING
The Azure’s double wishbone front and rear suspension is carried over to the Azure T unaltered. Set-up and fine-tuned to give a refined ride that best suits the character of this convertible Bentley, the system features coil springs with computer-controlled, adaptive electro-hydraulic dampers and automatic ride-height control with auto-load compensation.

The Azure T’s suspension delivers impressive body control in all driving conditions, while the new five-spoke, two-piece 8.5J x 20-inch Sports alloy wheels with 255/40 ZR20 Pirelli P Zero tyres further improve handling and road holding.

As an option, Azure T owners may specify an upgraded braking system with carbon/silicon carbide, cross-drilled brake ventilated discs. Measuring 420 x 40 mm (front) and 356 x 28 mm (rear), these discs are the largest fitted to any production car on sale today. With eight-piston callipers, the brakes provide impressive deceleration and also give an 8 kg reduction in unsprung weight, benefiting steering response, ride suppleness and acceleration.

This lightweight braking system ensures virtually fade-free use, time after time, and superb resistance to disc distortion under high thermal conditions. Under normal use, the brake discs will last the lifetime of the car and pad life is doubled compared to the standard system.

For Azure T and its Bentley stable mates, the Traction Control system is calibrated with the aim of avoiding all unnecessary reductions in engine torque. The ESP logic system, which is set up to allow spirited handling without any reduction in stability or safety, monitors the car’s overall stability rather than simply loss of grip to the wheels. This reduces the amount of intervention required and restores power earlier and more progressively, allowing the power of the Azure T’s V8 engine to be fully exploited.

The Bentley Azure T enjoys an 11 per cent power and 14 per cent torque increase compared with Azure and the strength and stiffness of the original chassis are such that no changes were deemed necessary, as Brian Gush, Director of Powertrain and Chassis, explains:

“The Azure chassis has always had an immense potential and this enables us to offer the extra power of our 500 bhp V8 engine and the driver-focused qualities of a true Bentley T without compromising ride comfort.”

Compared with the Arnage, the Azure T benefits from significant stiffening members. These strengthened steel parts lie in the sill section of the car and extend into the A-pillars that form the windscreen frame. Beneath the front and rear of the Azure, carbon fibre cross-bracing members reinforce the whole bodyshell, while adding far less weight than steel.

Strengthening has also been applied to the body structure behind the rear seats where an advanced rollover protection system is fitted. This immediately detects if the car is in danger of inverting and deploys two hoops that are integrated within the rear headrests. In conjunction with the strengthened front windscreen frame, these are capable of supporting 2.5 times the entire weight of an over-turned car.

EXQUISITE CRAFTSMANSHIP
Befitting its role as a new Bentley flagship convertible, the Azure T embodies a range of standard features that were previously unavailable or only available as cost options on the Azure. The seats and door panels have Diamond Quilting, the fascia features an ‘engine-turned’ aluminium finish (reminiscent of 1920s racing Bentleys), and the instrument faces are finished in Black rather than Parchment.

Bentley emblems are embroidered on the front seat backs and the rear seat centre, an iPod/USB interface is provided, while the full range of Bentley’s premium veneers is available, a knurled finish is applied to several handles and switches and a knurled, chrome gear knob is fitted.

The new Azure T will have a strong appeal to Bentley customers, as Trevor Gay, Personal Commissioning Manager at Mulliner (Bentley’s specialist commissioning department), explains:

“The Azure has always stood apart from the rest of the Bentley range and the higher-performance Azure T will allow customers the opportunity to use the Mulliner service to create a bespoke convertible to their exact specification.”

Although many of the most desirable Mulliner options are included in Azure T as standard, Bentley anticipates that the majority of buyers will request additional enhancements. Inside, the Azure T is everything customers would expect of a bespoke Bentley, offering the highest levels of hand-craftsmanship to a small, discerning audience. The interior offers a spacious, luxurious cabin to provide the ultimate in first-class, open-top travel for four adults.

As in every Bentley, craftsmanship and bespoke finishing are to the fore. Every item of trim, be it veneer, hide or chromed bezel, uses authentic materials.

Azure T is available in the full Bentley range of 42 exterior colours, 25 interior hides, and the full range of premium veneers, plus the comprehensive line-up of Mulliner options and its bespoke colour-matching service that enable Bentley owners to create a uniquely personal car.

Of course, the nature of a convertible means that its interior is often on display as much as its exterior and Bentley’s design team knew that the Azure T’s spacious cabin should make a strong statement. Consequently, warm and inviting leather hide extend past the seats and onto the parcel shelf and this emphasises the dimensions of the rear compartment.

A new audio head unit with larger display screen and an SD (secure digital) memory card slot instead of the single CD slot is fitted. At the rear, a new hide-covered boot rail with coordinated leather trim and a chrome strip along the top edge gives the load area a tidier, premium appearance.

All Azure T models come with an iPod Interface linked to the Infotainment system, enabling customers to play their favourite music through the car’s audio system. The system is supplied with connectors for iPod, USB, Mini USB and a 3.5 mm AUX jack and includes a 12 volt power outlet for charging purposes.

As an option, Azure T buyers can specify the Naim for Bentley premium audio system. Created in partnership with Bentley by Naim Audio, a UK-based high end hi-fi manufacturer, this system features 10 speakers, a dual-channel sub-woofer and an 1100 watt amplifier, plus eight individual DSP modes to reproduce true emotions and a ‘live’ concert-like experience.

In Azure T the sub-woofers are located in the rear passenger footwells and contained within a special enclosure to ensure the sound of this pure music remains within the open cabin.

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Volkswagen Group Generates €1.2 Billion Operating Profit in H1 2009

Volkswagen Group Generates €1.2 Billion Operating Profit in H1 2009

• Global market share increases to 12 percent
• Automotive Division reports significantly higher net cash flow
• Net liquidity in the Automotive Division exceeds €12 billion


In the first half of 2009, the Volkswagen Group extended its global competitive position and strengthened its financial base. In the first six months of the year, Europe’s largest automobile manufacturer delivered 3.1 million (H1 2008: 3.3 million) vehicles worldwide. Although the overall market contracted by around 18 percent, Group deliveries decreased by only 4.4 percent. Consequently, its share of the global passenger car market rose to 12.0 percent (9.9 percent). Sales revenue declined by 9.4 percent to €51.2 billion (€56.5 billion) in the first six months due to volume-related factors. Operating profit amounted to €1.2 billion (€3.4 billion), of which €928 million is attributable to the seasonally strong second quarter. The Group generated profit after tax of €494 million (€2.6 billion).

The Automotive Division’s net cash flow in the first six months rose substantially to €4.3 billion (€2.3 billion). Volkswagen also increased net liquidity in the Automotive Division by €4.3 billion compared with the end of 2008 to €12.3 billion as of June 30, 2009.

Winterkorn: “We are excellently positioned with our multibrand Group model”
“The course of the year so far shows that we are excellently positioned, thanks to our multibrand Group model. Even in a particularly difficult phase in the international automotive markets we were able to gain share in key markets. This has further improved our position on our way to the top,” said Prof. Dr. Martin Winterkorn, Chairman of Volkswagen Aktiengesellschaft’s Board of Management, on Thursday at the presentation of the half-yearly financial report. “Thanks to our sound business model, we increased our financial strength despite the adverse environment. This is also evident from our strong net liquidity position,” added CFO Hans Dieter Pötsch. “Preserving our financial flexibility is a top priority. At the same time, we are investing prudently in renewing and expanding our forward-looking product portfolio,” said Pötsch.

Investing in new models and locations despite the challenging environment
Despite the challenging environment, the Volkswagen Group has continued to invest in key projects for the future. Investments in property, plant and equipment in the Automotive Division rose by 14 percent to €2.5 billion (€2.2 billion). The expenditures related in particular to new production facilities, models to be launched in 2009 and 2010, and the ecological orientation of the model range. The ratio of investments in property, plant and equipment to sales revenue (capex) was 5.6 percent (4.3 percent). “Our technological capabilities are huge, and we will selectively expand them despite the ongoing crisis,” said Winterkorn.

Brands and business fields
The Group’s new model initiative is continuing to pay off: recently launched Group vehicles such as the Volkswagen Golf VI, Audi Q5, Škoda Superb and SEAT Ibiza recorded encouraging sales figures. The Volkswagen Passenger Cars, Audi, Škoda and SEAT brands outperformed the market as a whole. However, the growth of the individual brands and business fields was still hit hard by the global financial and economic crisis. The Volkswagen Passenger Cars brand recorded a lower operating profit of €216 million (€1,295 million) for the period January to June.

The Audi premium brand recorded a 13.6 percent decline in unit sales. However, with an operating profit of a substantial €823 million (€1,299 million), it impressively demonstrates that it has no difficulty competing in the current tough economic climate. The figures for the Lamborghini brand included in the key figures for Audi also declined year-on-year because of the weak market.

At the Škoda brand, a decrease in unit sales of almost 26 percent and unfavorable exchange rate conditions cut operating profit to €135 million (€381 million).

SEAT recorded a 25 percent decline in unit sales and an operating loss of €159 million (operating profit of €2 million) because of the further deterioration of the Spanish passenger car market.

The Bentley brand was unable to escape the slump in unit sales in the luxury segment, leading to an operating loss of €114 million (operating profit of €85 million).

Volkswagen Commercial Vehicles profited from the sale of the Brazilian heavy truck business in the first quarter and generated an operating profit of €463 million (€215 million) in the first half of 2009.

Scania recorded an operating profit of €48 million.

With an operating profit of €321 million (€523 million), Volkswagen Financial Services again made a significant contribution to the Volkswagen Group’s earnings.

Volkswagen’s goal is to further improve its competitive position
Volkswagen is not expecting any sustained improvement in the macroeconomic situation in the remaining months of 2009. The outlook remains uncertain and the global economic environment is challenging. Global economic growth in 2009 will be negative. The world’s automotive markets are being especially hard hit by this trend and will decline substantially compared with the previous year.

The Volkswagen Group will be unable to escape this downward trend but, as in the first six months of the year, it will perform better than the market as a whole and further increase its market share during the crisis. “The business outlook clearly remains uncertain, and we must continue to expect risks. However, we have not only the necessary scale, but also tremendous technical, ecological and economic potential. This is paying off in the crisis. And it’s why we remain committed to our goals. In 2009 alone, for example, the Group brands will launch 60 new models, product enhancements and successors in the market,” said Winterkorn.

As already announced, the Volkswagen Group’s sales revenue will be below that of the previous year due to declining unit sales. Rising refinancing costs and the deterioration of the mix will serve as an additional drag on earnings. In such a situation, Volkswagen continues to expect that it will not be able to reach the level of earnings it achieved in previous years, although the Group will close 2009 with a profit.

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Audi Achieves Hat-Trick in the DTM with Third Championship in a Row

Audi Achieves Hat-Trick in the DTM with Third Championship in a Row

Ingolstadt/Hockenheim – Befitting its 100th anniversary, Audi has written another chapter of motorsport history. The brand is the first ever automobile manufacturer to achieve a title hat-trick in the prestigious international touring car racing series: After 2007 and 2008, Audi has clinched the coveted trophy for the third consecutive time.

In the thrilling finale at the Hockenheimring in front of a magnificent turnout of 155,000 spectators Audi driver Timo Scheider stayed on the heels of his only remaining rival for the title, Gary Paffett, during the entire 39 laps and successfully defended his title from last year by finishing in second place.

“Every Audi employee can be proud of the performance which the DTM squad delivered this year – or better said, has been delivering for three consecutive years,” commented Rupert Stadler, Chairman of the Executive Board of AUDI AG. “In the DTM we compete with one of the toughest rivals you can imagine. On behalf of the entire executive board I would like to extend sincere congratulations to everyone who had a part in this feat. Audi Sport could not have given the Audi brand a nicer gift on its 100th anniversary.”

For Audi, after 1990 (Hans-Joachim Stuck), 1991 (Frank Biela), 2002 (Laurent Aiello), 2004 (Mattias Ekström), 2007 (Mattias Ekström) and 2008 (Timo Scheider), this marks as much as the seventh DTM title and the fourth since the brand returned to the series with a manufacturer’s commitment in 2004. “No automobile manufacturer has ever consecutively won three titles in the DTM,” said Head of Audi Motorsport Dr. Wolfgang Ullrich. “Audi has managed to do it – despite a very strong opponent. After two hat-tricks at Le Mans, now we’ve also achieved a hat-trick in the DTM. This third title no doubt was the most difficult one. But I’m sure that next year it’ll be even more difficult. ‘Thank you’ to everyone who made this great exploit possible for Audi. And congratulations to Timo (Scheider) – like last year, he won the title again on his own power.”

After his triumph, the old and new DTM Champion was speechless at first. “Now I’ve been able to experience this dream, for which we all worked so long and hard, for the second time in a row – and thanks to the Audi squad, the Abt team and my family,” said the 30-year-old obviously moved and with tears in his eyes. “Gary Paffett was a strong rival and won four races. But for as long as I’ve been contesting the DTM the driver with the highest points score has always been the one to become champion …”

Scheider won twice in the 2009 season and mounted the podium at six of the ten races. He was the most consistent driver and in the end had an advantage of five points over Mercedes driver Gary Paffett. Audi’s track record is impressive as well: The brand with the four rings won four races, started from the pole position eight times, posted six fastest race laps, scored ten more points than its competitor, led 325 of 548 laps and clinched 17 of 30 possible podium places. On four occasions, Audi even claimed the entire podium.

In the finale at Hockenheim the first two laps in particular were a real thriller when Mattias Ekström, who had started from the pole position and Gary Paffett fought an extremely tough duel and touched each other several times. The radiator of Ekström’s Audi A4 DTM was damaged in the process. After four laps the Swede, who was leading the race at that time, was forced to retire and thus lost third place in the standings to Paul Di Resta.

After a start at lightning speed, Timo Scheider watched the duel between Paffett and Ekström from a choice position and only drove his conservatively set up A4 as fast as necessary to stay close to Paffett and keep Paul Di Resta in third place at bay. Scheider managed doing this again when, shortly before race end, the safety car was deployed and unexpectedly pushed the field together once more. When the race was re-started Scheider got everything right as well and crossed the finish line after 39 laps just 1.043 seconds behind Gary Paffett in second place.

By finishing fourth, Alexandre Prémat achieved his best result of the season in a strong race and was also the best driver of a year-old car. With Oliver Jarvis and Markus Winkelhock on places six and eight, two other Audi drivers, who had been fighting a captivating duel throughout the race, finished in the points. Mike Rockenfeller in ninth position just barely missed scoring a point.

In his 60th and last DTM race Tom Kristensen was struck by misfortune not just once but twice: The Dane was hit in the rear right on the first lap in the hairpin and dropped to the back of the field. After a remarkable recovery Kristensen was turned around once more after a safety car period. Martin Tomczyk, as well, became the victim of a collision on the starting lap, which forced him to retire. As a result, Timo Scheider was the only driver of an 2009-spec Audi A4 DTM to score a points finish at Hockenheim.

With the title win in the DTM, another successful motorsport season has come to an end for Audi, which will also enter the annals of partner ABT Sportsline’s company history: After the triumph in the Formula ADAC Masters by Daniel Abt and in the ADAC GT Masters by Christian Abt with the new Audi R8 LMS, the squad from the Allgäu managed a hat-trick as well.

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Featured Supercar: The new Ferrari 458 Italia

Featured Supercar: The new Ferrari 458 Italia

The Ferrari 458 Italia, that debuted at the IAA Frankfurt Motor Show, is an 8-cylinder two-seater berlinetta with a mid-rear mounted engine, and represents a genuine break with the past in terms of Maranello’s previous high-performance sports cars. Designed to fulfil the expectations and ambitions of our most passionate clients, the 458 Italia continues the Ferrari tradition of putting the thrill into driving as a result of track-derived technological innovations.

Maranello’s racing experience can be felt not only in terms of pure technological transfer but also on a more emotional level, because of the strong emphasis on creating an almost symbiotic relationship between driver and car. This is one of the areas where Michael Schumacher’s contribution, right from the early stages of the project, was of fundamental importance.

Thanks to a new 4,499 cc V8 engine, which punches out 570 CV, the F1 dual-clutch gearbox and a 1,380 kg dry weight, the 458 Italia boasts an extraordinary weightpower ratio of 2.42 kg (a power-weight ratio of 413 CV per ton). This means it sprints from 0 to 100 km/h in under 3.4 seconds and hits a maximum speed of over 325 km/h.

The 458 Italia delivers superb vehicle dynamics with an ideal weight balance for a midrear engined sports car – 58 per cent rear, 42 per cent front. Evolved electronic control systems also help guarantee maximum performance in all driving conditions. Its new suspension set-up, featuring twin wishbones with L arms at the front and a multilink set-up the rear, is tuned for ultimate road-holding and superlative handling. This, together with a more direct steering ratio, ensures the car is extremely responsive whilst maintaining superior ride comfort.

As is the case with the Scuderia’s Formula 1 single-seaters, the engineers focused their efforts on achieving maximum efficiency right across the board with this car. The result is that the Ferrari 458 Italia produces only 307 g/km of CO2 and has a fuel consumption of just 13.3 l/100 km (combined cycle), a benchmark for the entire segment.

ferrari_458_italia-3.jpg

Aside from the work done to reduce both internal friction in the engine and overall weight, this result has been achieved thanks to aerodynamic research which focused on cutting drag and maximising downforce.

The 458 Italia is thus a synthesis of technological innovation, creative flair, style and passion, a combination of characteristics for which Italy as a nation is renowned. Ferrari’s Chairman, Luca di Montezemolo, chose to pay homage to this fact by adding the name of the car’s homeland to the traditional figure representing the displacement and number of cylinders.

Styling and aerodynamics

Every Ferrari is the result of an uncompromising design approach that integrates styling and aerodynamic requirements. The Pininfarina design features compact, aerodynamic lines, underscoring the concepts of performance-oriented efficiency that inspired the project.

The nose features a single opening for the front grille and side air intakes, with aerodynamic sections and profiles designed to direct air to the coolant radiators and the new flat underbody. The nose also sports small aeroelastic winglets which generate downforce and, as speed rises, deform to reduce the section of the radiator intake and cut drag.

The oil radiators for the F1 gearbox and the dual-clutch are situated in the tail and air is fed from two intakes on the top of the rear wings. This solution provides a base bleed effect, an aerodynamic function that was developed by Ferrari for the FXX and which reduces drag by feeding the hot air out of the radiators under the nolder and into the slip stream. Using experience gained in aerodynamic development on the Ferrari F430 GT2, the flat underbody now incorporates the air intakes for engine bay cooling. These are positioned ahead of the rear wheelarches where they use pressure differences to efficiently channel air flow to the engine bay, at the same time generating more rear downforce.

The car’s sills are characterised by two keel forms that act as fairings to the rear wheels, while the rear bodywork between the rear diffusers acts as the surround to the novel triple exhaust tail pipes, a styling cue that recalls the legendary F40 and gives the 458 Italia’s tail an aggressive sporty stance. The engine, in mid-rear V8 Ferrari tradition, is visible below the engine cover.

Technical development of the car’s shape started using CFD (Computational Fluid- Dynamic) techniques which helped optimise the management and interaction of the internal flows prior to wind tunnel testing. The latter was carried out on Ferrari’s rolling road facility using modular 1:3 scale models. The final solution chosen ensured adequate cooling to the running gear, while, at the same time, achieving a high level of aerodynamic efficiency (1.09) through excellent drag and downforce figures (Cd 0.33 and Cl 0.36 respectively) with 140 kg of downforce at 200 km/h and no less than 360 kg at top speed.

The front-mounted coolant radiators are trapezoidal in shape and positioned to minimise the impact of the internal cooling flows on drag and downforce. The oil radiators for the gearbox and clutch are are situated in the tail with air fed from two intakes on the top of the rear wings. The hot air from the radiators creates a base bleed effect, venting into the car’s low-pressure trail below the nolder and reducing drag.

The air intakes for engine bay cooling are situated on the aerodynamic underbody, where differences in pressure channel the air in the most efficient manner, and are positioned to increase rear downforce. Similarly air is channelled from the front air dam to the rear diffuser where the position and number of the fences has been developed to optimise the distribution of the vortex to improve rear downforce.

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Engine

The engine is a dry-sump 90 degree V8 with a displacement of 4499 cc and is mid-rear mounted. It is an entirely new design engineered to reach a maximum of 9,000 rpm – a first on a road car – with a high 12.5:1 compression ratio and maximum power output of 570 CV. This equates to an outstanding power output of 127 CV/litre, a new benchmark for a naturally-aspirated production engine.

The generous torque available – 540 Nm at 6000 rpm, with over 80 per cent available from 3250 rpm – ensures rapid pick-up from all revs. The specific torque output of 120 Nm/l is another record.

The design of the engine components has been influenced by the carry-over of racing technology – F1 in particular – for maximum fluid-dynamic efficiency in order to achieve both performance and fuel consumption objectives, and meet the most stringent international emissions restrictions. The piston compression height was reduced as per racing engine practice. Similarly, thinner compression rings have been adopted to minimise friction between piston and liner. A graphite coating was applied to the piston skirt for the same reason.

To help further reduce internal friction, the cylinder block has four scavenge pumps. Two pick up oil from the cylinder heads and front and rear of the engine via dedicated oil recovery ducts outside the crankcase area, and two pick up oil from below the crank throws. The recovery ducts of the latter are interconnected in two groups of four cylinders to optimise the scavenge function and create a strong vacuum (800 mbar) around the crankshaft. This solution prevents excess oil splashing out of the sump and onto the rotating crankshaft and thus reduces power loss caused by friction. It also reduces losses due to windage caused by the pumping action of the pistons.

The engine oil pressure pump features variable displacement geometry which reduces the amount of power absorbed at high revs. Lowering the pump’s displacement actually increases the power available at the crankshaft for the same amount of fuel used.

As is traditional for Ferrari engines, the new V8 is equipped with continuously variable timing on both inlet and exhaust cams. The aluminium intake manifold has been lightened by reducing the wall thickness. It has short, almost straight inlet tracts to reduce losses and a system that varies the geometry of the manifold, optimising the volumetric efficiency throughout the rev range. This is achieved by incorporating three pneumatic throttle valves in the central section between the two plenums. The engine mapping provides four different configurations of the valves for optimum torque values at all revs.

The use of GDI with Split Injection improves engine performance by modulating the injection in two phases, increasing combustion efficiency and the torque at low revs (by up to 5 per cent). A high injection pressure (200 bar) guarantees adequate pulverisation of the petrol and an optimal air/fuel mix right up to 9000 rpm. This feature again results in better performance and lower fuel consumption.

The exhaust system was designed to provide the kind of thrilling soundtrack owners of Ferrari’s V8s are used to whilst also guaranteeing high levels of acoustic comfort. One of the main objectives with the exhaust was to reduce weight. The catalytic converter is attached to the central section of the exhaust by a flexible element to reduce the amount of vibration transmitted and to thus allow thinner metal to be used. Similarly the pre-catalytic converter has been eliminated, lowering overall weight and reducing back pressure whilst still respecting strict Euro 5 and LEV2 emissions.

Dual-clutch F1 gearbox

One of the important novelties on the 458 Italia is the introduction of the 7-speed F1 dual-clutch gearbox which guarantees faster yet smoother changes. The technology is based on the independent management of even and odd gears which are pre-selected using two separate input shafts. The gear shifting time (the overlap between the opening and closing phases of the two clutches) is zero and thus there is no interruption of engine torque to the driven wheels. Compared to the California gearbox, response times have been reduced and the 458 Italia has specific, sportier gear ratios to match the power and torque curves of the new V8, guaranteeing high torque even at lower revs. The E-Diff 3 electronic differential has also been integrated into the gearbox, resulting in a more compact and lighter unit.

Chassis

The modular chassis is an all-new design. New alloys join the traditional aluminium, along with high-resistance aluminium extrusions, developed by the aviation industry, and innovative manufacturing processes, such as heat-forming. The aim was to keep weight down to the benefit of performance and handling. The result is a chassis with improved structural rigidity, with torsional rigidity up 15 per cent compared to the F430, and beam stiffness up 5 per cent.

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Suspension

The 458 Italia’s front suspension employs a novel new double wishbone set-up which features an L-shape design for the lower wishbone, with the rearward facing arm longer than the one in line with the wheel axis to provide greater longitudinal flexibility. This in turn improves the car’s ability to absorb bumps and it also reduces suspension noise. Another benefit is in terms of greater transverse rigidity which improves handling. The same characteristics are shared by the new rear multi-link suspension and, combined with specific tyre development, overall vertical rigidity has thus been improved (+35 per cent with respect to the F430) for less body roll, and the engineers were able to introduce a more direct steering ratio (11.9° compared to the F430’s 16.9°, a reduction of 30 per cent) which makes for quicker and more responsive steering on both road and track.

The 458 Italia also features the latest, second-generation Magnetorheological Suspension Control shock absorber system. Compared to the system first introduced on the 599 GTB Fiorano, SCM2 boasts an evolved ECU (-50 per cent input time) and a damper force generation time of 8 ms compared to the 599’s 15 ms. There is also a new piston rod bushing in the damper which reduces internal friction (-35 per cent) for more precise small-bump control and improved ride comfort.

Vehicle dynamics and electronics

On the 458 Italia the E-Diff and F1-Trac control software are integrated in the same ECU. This minimises communication times between the two systems and, at the same time, the individual logics were evolved to improve vehicle performance.

A new Power On strategy has been developed for the E-DIff governing traction out of corners and is integrated with the F1-Trac logic, an evolution in the combined action of both systems which is also connected with the high-performance ABS control logic, which is specially set up for high-grip surfaces.

The electronic differential continuously distributes torque to the rear wheels, both in Power Off (turning in for the corner) and Power On (accelerating out of the corner), guaranteeing excellent vehicle stability and control in all driving conditions and on all surfaces. The E-Diff 3 now works in a more integrated manner with the F1-Trac, using a series of F1-Trac parameters and evaluations (such as estimates of grip) both in manettino positions in which the F1-Trac is inserted (Sport – Race) and those in which it is deactivated (CT Off and CST Off). Compared to previous versions, E-Diff 3 delivers improved torque distribution coming out of corners (in Sport, Race, CT Off and CST Off), which translates into improved grip, better roadholding and more progressive handling on the limit. The result is an improvement of 32 percent in longitudinal acceleration out of corners compared to previous models and a lap time at Fiorano of just 1′ 25” seconds.

High-performance ABS

Since the beginning of 2008 Brembo carbon-ceramic brakes have been standard on all Ferraris. The 458 Italia is no different and is equipped with 6-pot aluminium callipers with 398 x 223 x 36 mm discs at the front, and 4-pot aluminium callipers with 360 x 233 x 32 mm discs at the rear.

The 458 Italia boasts outstanding braking distances (100-0 km/h in 32.5 metres; 200-0 km/h in 128 metres) thanks to the development and optimisation of the Bosch control logic and the evolution of Ferrari’s Pre-Fill logic, which reduces response times by activating the pistons in the callipers, thus minimising the gap between the brake pad and the disc as soon as the driver lifts off the accelerator. Similarly, these excellent results were achieved thanks to a specific calibration of the ABS for medium/high grip surfaces, and by integrating the ABS control logic with that of the E-Diff 3 to ensure a more accurate estimate of the vehicle speed and hence better braking torque control, as well as enhanced vehicle stability.

Interior design

The Ferrari Styling Centre set out to re-interpret Ferrari’s traditional sports car interior themes in an innovative and functional way. The interior reflects the design rigour of the exterior of the car, with clean, uncluttered forms that highlight the new driver-oriented cockpit inspired by the racing world.

Radically new and intuitive ergonomics see the driver set in the centre of a simple, streamlined lay-out. The upper and lower surfaces of the dashboard are trimmed in leather while the instrument binnacle sits atop an aluminium insert that forms a single, structural element housing the satellite pods and secondary commands. The original shape of the air vents was inspired by the design of Formula 1 exhaust chimneys in use up until a few years ago.

The slim and minimalist centre console features a sculpted aluminium casting which houses the F1 panel. This panel includes the Launch Control along with the secondary gearbox controls for reverse and auto settings. There is also a leather-trimmed ergonomic wrist support for actioning the F1 panel buttons and the electric window lifts. The console also includes two Alcantara-trimmed storage trays for small oddments.

The door panel is fitted with side airbags and its simple sleek lines are enhanced by the fact that the demisting vents for the side windows are now positioned on the corners of the dash. There is additional oddments storage space in the soft leather pocket at the bottom of the door.

Driver-car interface

Working closely with the Ferrari Styling Centre, the engineers have reinterpreted the positioning of the major commands to provide a truly driver-oriented cockpit. All main controls are now located directly on the steering wheel, while secondary functions are set in two satellite pods either side of the dash and the panel ahead of the driver includes comprehensive instrument displays. These solutions represent an important safety aspect, enabling the driver to concentrate fully on driving. Similarly this layout ensures maximum control of the car in high-performance driving, an uncompromising approach that derives directly from Ferrari’s F1 experience.ferrari_458_italia-4.jpg

Steering wheel and dash

In a radical move that emphasises the vicinity of Ferrari’s road cars to its F1 cars, the steering-column mounted stalks have been eliminated and all the major commands are now on the steering wheel for maximum vehicle control at all times.

The 458 Italia is equipped with a Racing manettino switch which is biased towards more sporting set-ups, giving the driver a wider selection of track-oriented electronic control parameters. In fact the F430’s ICE setting has been dropped in favour of CT Off which de-activates the traction control while maintaining the stability control.

The right-hand satellite pod on the dash incorporates controls for the infotainment, while the one on the left controls the Vehicle Dynamic Assistance display on the lefthand TFT screen. The Vehicle Dynamic Assistance monitors the operating parameters of the most important areas of the car – engine/gearbox, tyres and brakes. The VDA is enabled in the following manettino settings – Race, CT Off and CST Off – and provides visual confirmation of the status of each component based on an algorithm from parameters reading lateral and longitudinal acceleration, revs and speed. This enables the driver to assess the ideal operating conditions for the car. There are three status settings: WARM-UP (operating temperature too low), GO (ideal operating conditions) and OVER (one or more components are no longer at their optimum level and need cooling).

Carrozzeria Scaglietti Personalisation Programme

The Carrozzeria Scaglietti Programme allows Ferrari clients to personalise their car to suit their own tastes and requirements. As with the rest of the range, there are four main personalisation areas dedicated the 458 Italia: Racing and Track, Exterior and Colours, Interior and Materials, Equipment and Travel.

The car’s sporting character can be further underlined by fitting the optional diamond finish forged alloy wheels or the Racing Superleggero (super lightweight) seats in carbon-fibre. Naturally, there is a virtually infinite number of trim combinations available for the interior, with a choice between leather, carbon-fibre and Alcantara.

Samples of colours and materials as well as virtual configuration tools are available to clients at every Ferrari showroom to help them choose their specifications. They may also request out-of-range colours and content to ensure their 458 Italia is truly unique.

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Lamborghini announces first official South American dealer in Sao Paulo

Lamborghini announces first official South American dealer in Sao Paulo

Automobili Lamborghini S.p.A. yesterday announced the official opening of Lamborghini São Paulo as part of its global dealership network expansion and development program. The new showroom, the first official franchised Lamborghini dealership in South America, will be managed by Via Italia Group, one of Brazil’s most experienced luxury sports car sales companies.
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Lamborghini chose São Paulo for its status as one of the most modern and luxurious cities in South America and a large global financial center. Located on the famous Avenida Europa in the heart of downtown, Lamborghini São Paulo now has a stand-alone showroom and a dedicated team of sales and service staff. The after-sales facility, technical service and original parts departments will have a dedicated warehouse in nearby Vila Leopoldina.

“Entering South America continues Lamborghini’s ongoing strategy to further develop the brand’s comprehensive worldwide dealer network,” said Stephan Winkelmann, President and CEO of Automobili Lamborghini S.p.A. “Via Italia Group was chosen for its expertise in the luxury sports car market, extraordinary sales performance and its reputation for exemplary customer service.”

Founded in 1996 and headquartered in São Paulo, Via Italia Group is an established name in the luxury business and has been responsible for the import, distribution and after-sales of super sports and GT racing cars in the Brazilian territory. Lamborghini São Paulo will be led by General Manager Ricardo Briz who has nearly two decades of experience managing successful high-end car franchises.

“We are extremely pleased to be working with Lamborghini and honored to be the brand’s first dealer partner in South America,” said Briz. “We have high expectations for the new franchise and hope to grow into one of Lamborghini’s most successful dealers worldwide.”

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Gumpert Apollo sets new Nurburgring road legal record at 7:11,57

Gumpert Apollo sets new Nurburgring road legal record at 7:11,57

Altenburg/Nurburg – It is August, 13th. The air has a temperature of 20 degrees Celsius and the sky is clouded. At 12:55 p.m. professional race driver Florian Gruber (age 26) crosses the line of the Nurburgring Nordschleife and unleashes the 700 hp of his GUMPERT Apollo Sport. He has set off into a race against the clock. His only objective: To break the record for road legal cars on the legendary 13 mile racetrack, once felicitously entitled “the green hell” by racing legend Sir Jackie Stewart. And to beat the existing official record of the Donkervoort D8 RS06 (also Audi-powered – 4T ed.) set almost 4 years ago.

7 minutes, 11 seconds and 57 hundreds of a second later Gruber crosses the line again. He has proven: The GUMPERT Apollo Sport is officially the fastest road legal factory car ever to circle the Ring until today. With an average speed of around 106,78 mp/h (171,84 km/h) the apollo was by 3,32 seconds faster than the former record holder. And – by the way – more than 13 seconds faster than the Maserati MC 12 in 2008. ”And, well – I even could have gone a little faster”, said the pretty unimpressed driver after coming back into the pits. And not even one drop of sweat on his brow after the record lap. The Apollo Sport in standard factory specification was equipped with road legal MICHELIN Pilot Sport Cup tires and an adjustable suspension by KW suspensions.

“The conditions were good, but not perfect – so we have still got potential to go faster”, concluded Florian Gruber. From his point of view, the Apollo has the potential to even break the 7 minutes mark. And Roland Gumpert, former Head of AUDI SPORT and managing director of the GUMPERT Sportwagenmanufaktur, adds with a wink: “It is great that we broke the record and that we were able to show the potential of the Apollo – but at this stage there is no need to go faster. We don´t want to demoralize our fellow competitors by now…”

GUMPERT APOLLO SPORT (700 HP)
Transmission: sequential six-speed gear box with synchronisation and oil cooling, twin plate clutch configuration (diameter 2 x 200 mm), rear-wheel drive, differential lock by Torsen
Chassis: long and pushrod-operated double transverse control arm suspension with fully adjustable dampers front and rear and anti roll bar in front
Brakes: two circuit BOSCH-ABS brake system with six piston callipers, inside ventilated discs (378 x 32 mm) all around
Wheels & Tires: Aluminium cast wheels with centre look front: 255/35 ZR19 rear: 345/35 ZR19
Dry weight: 1,200 kg (For cars with standard equipment without filling. Special eqipment may increase this value.)
Allowed total weight: 1,550 kg
Length: 4,460 mm
Width: 1,998 mm
Height: 1,105 mm
Wheel base: 2,700 mm
Wheel gauge: front: 1,670 mm, rear: 1,598 mm
Tank capacity: 120 litre
Engine: V8-cylinder-Biturbomotor with 90o cylinder angle, light metal cylinder heads with 5 valves per cylinder, four overhead camshafts, hydraulic valve clearance compensation, double-flow exhaust system with three-way catalytic converter, dry sump lubrication
Cubic capacity: 4,163 cm3
Engine performance: 515 kW (700 HP) at 6.500 rev/min
Maximum torque: 875 Nm at 4.000 rev/min
Litre performance: 123.7 kW/Litre (168 HP/Litre)
Maximum rev.: 7,200 rev/min
Top speed: 360 km/h / 224 mph (Depending on equipment, county related specification, gear ratio and engine power)
Acceleration figures: 0-100 km/h in 3,0 s, 0-200 km/h in 8,9 s

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Volkswagen making first steps towards Porsche acquisition

Volkswagen making first steps towards Porsche acquisition

Wolfsburg – Volkswagen Aktiengesellschaft will take a 49.9 percent stake in Porsche AG in a first step towards an integrated automotive group with Porsche. This was agreed between Volkswagen and Porsche SE during negotiations on the contracts of implementation relating to the merger of the two companies. The Comprehensive Agreement announced in August referred to an initial participation in Porsche AG amounting to 42 percent. The timetable for the creation of the integrated automotive group remains unchanged: Volkswagen will acquire a participation in the operating business of Porsche by the end of 2009. The merger of Volkswagen AG and Porsche SE is still scheduled to take place during the course of 2011.

The adjustment of the envisaged initial participation reflects the successful progress of negotiations between Volkswagen and Porsche concerning the details of the merger which have been taking place since the Comprehensive Agreement was approved. These negotiations indicate that the projects identified for a closer cooperation have been making swifter progress than initially anticipated. This positive development for both companies, which is an expression of the compelling industrial logic behind the merger, is now to be underscored by a larger participation in Porsche AG. Volkswagen is thus securing a higher share of the increase in the value of Porsche expected from the joint projects at an early stage. At the same time, Volkswagen remains committed to the phased integration of the two companies and is preserving the independence and the interests of Porsche.

Based on the enterprise value calculated for Porsche AG, Volkswagen is expected to pay approximately EUR 3.9 billion for the participation in the company. An increase in Volkswagen’s preferred share capital is planned for the first half of 2010 in order to refinance the participation and maintain Volkswagen’s good credit rating. Shareholders will be requested to adopt a resolution authorizing such an increase at an Extraordinary General Meeting on December 3.

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Featured Gallery: The new USF1 factory, America’s future in Formula 1

Featured Gallery: The new USF1 factory, America’s future in Formula 1

Tuned presents a full feature Gallery that includes interior shots of the factory. Enjoy!

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