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Matthias Muller officially named VW Group CEO
Fri, Sep 25 2015While the vast number of rumors made it seem like a foregone conclusion, Porsche boss Matthias Muller has officially been named Volkswagen Group CEO to replace the recently resigned Martin Winterkorn. His contract runs through the end of February 2020, and until a replacement is found, Muller also gets to hang onto his old job as chairman of Porsche. At the same time, the VW Group Supervisory Board is announcing a massive structural reorganization across the entire company, with the new management model in place by the beginning of 2016. Contrary to previous rumors, Michael Horn remains as President and CEO of VW Group of America. The board wants a greater emphasis on brands and regions going forward, and the scale of this shift can be seen in the US. On November 1, VW Group business in the US, Mexico, and Canada is being combined under the leadership of current Skoda chairman Winfried Vahland. However contrary to previous rumors, Michael Horn remains as President and CEO of VW Group of America. Other brands are also seeing some significant changes mechanically. Porsche, Bentley, and Bugatti now fall under the Group's "sportscar and mid-engine toolkit." This means that the brands will start sharing standardized technical parts. A Chief Technical Officer across all of the company's brands will also start working toward future innovations. The new brand-centric view means the end of a group-wide production department. "Going forward, the brands and regions will also have greater independence with regard to production. So it follows that they should also hold the responsibility for these activities," Berthold Huber, interim Chairman of the Supervisory Board, said in the announcement. In a statement with the press release about his promotion, Muller promised to turn the company around after such an international crisis. He said: "My most urgent task is to win back trust for the Volkswagen Group – by leaving no stone unturned and with maximum transparency, as well as drawing the right conclusions from the current situation. Under my leadership, Volkswagen will do everything it can to develop and implement the most stringent compliance and governance standards in our industry." Matthias Muller appointed CEO of the Volkswagen Group Muller remains Chairman of Porsche AG until a successor has been found Matthias Muller (62) has been appointed CEO of Volkswagen AG with immediate effect.
Watch 14 hot rides take over concept car lawn at Pebble Beach
Sun, Aug 16 2015The Pebble Beach Concours d'Elegance is an annual celebration of the beautiful, old cars that grace Monterey Car Week. But Monterey – and Pebble – features lots of newer metal, too, and that includes the concept lawn at Pebble Beach. Now, "concept lawn" isn't a totally accurate name anymore, and you'll see why in the list below. This year especially, plenty of production cars can be found in the area once reserved for the conceptual. Still, we're happy to see them. Here's what's featured this year: Alfa Romeo 4C Spider Audi R8 BAC Mono Bentley EXP 10 Speed 6 BMW 3.0 CSL Hommage R Buick Avenir Galpin-Fisker Rocket Speedster Hyundai HCD-16 Vision G Coupe Icona Volcano Infiniti Q60 Lamborghini Asterion LPI 910-4 Maserati Ghibli McLaren 570S Rolls-Royce Wraith By our count, that's seven concepts out of fourteen cars. But it still makes for one hot group of metal. Check 'em out in the gallery above. Related Video: Related Gallery 2015 Pebble Beach Concept Car Lawn View 38 Photos Image Credit: Copyright 2015 Drew Phillips / AOL Design/Style Alfa Romeo Audi Bentley Buick Infiniti Lamborghini Lincoln McLaren Porsche Concept Cars Videos Original Video Pebble Beach
Porsche Boxster spied in the buff
Thu, Aug 6 2015Porsche is preparing a significant update to its entry level Boxster convertible, and while visually this might appear to be a simple refresh, the changes are more than skin deep. Following a number of rumors, Porsche will finally make the jump to turbocharged engines on a broad scale, and it starts with this new Boxster. According to our spies, it's the larger side intakes featured on this prototype that give away its smaller, force-induced flat-four engine. The dual exhaust pipes, meanwhile, say Boxster S to us, rather than just the basic model. Beyond the mechanical changes, this marks the first time we've seen the new Boxster completely free of camouflage. We can see that Porsche's stylists – famous for revolutionary designs slowly tweaking the same style for decads on end – adjusted the look of the front and rear fascias. We like the more aggressively canted headlights, which get the same four-pointed LEDs as its big brother, the 911. The slimmer taillights are a minor improvement on the inoffensive lamps fitted to the current car, and serve to take some attention off the all-plastic exhaust surround, which is much more simply styled than the current car's. It should also be noted that the aesthetics featured on the new Boxster are very, very likely to be transferred directly onto the new Cayman. You can check out our full gallery of shots of the all-new, totally undisguised Boxster in the gallery up top. Expect to see the new roadster around this time next year, with a debut at the 2016 Geneva Motor Show likely. Related Video: