Porsche, Audi to develop joint electric car platform to save costs

Porsche and Audi, Volkswagen’s main luxury car divisions, plan to develop a joint platform for electric vehicles that will enable them significantly cut down on costs. (Shutterstock)
Updated 10 February 2018
0

Porsche, Audi to develop joint electric car platform to save costs

FRANKFURT: Porsche and Audi, Volkswagen’s main luxury car divisions, plan to develop a joint platform for electric vehicles that will enable them significantly cut down on costs, German newspapers quoted their chief executives as saying.
“By 2025, we’re facing a low single-digit billion euro sum to develop the architecture,” Audi CEO Rupert Stadler told both the Stuttgarter Zeitung and Stuttgarter Nachrichten.
“If both would act on their own, costs would be 30 percent higher,” Porsche CEO Oliver Blume said, adding Audi was hiring 550 developers for the project and Porsche 300.
From 2021 onwards, both businesses want to bring several models to the streets based on the joint platform, with Stadler saying that would build two sedan cars in Neckarsulm and two sports utility models at its Ingolstadt base.
Porsche’s Blume said the sportscar maker could build its first model based on the joint architecture in Leipzig, where it is already assembling its Macan sport-utility model. “I currently see good chances for Leipzig,” Blume said.


Rolls-Royce unveils SUV with $325K price tag

Updated 11 May 2018
0

Rolls-Royce unveils SUV with $325K price tag

  • Named after the diamond in Britain’s Crown Jewels, the Cullinan.
  • Deliveries are expected to begin in 2019.

WESTHAMPNETT, England: Motorists who have the money can now explore off-road luxuriously or just make a statement while dropping their children off at school.
The first SUV reveal of Rolls-Royce was on Thursday. Named after the diamond in Britain’s Crown Jewels, the Cullinan come with a $325,000 price tag as well as an estimated $5,000 gas-guzzler tax.
The Cullinan’s 6.75 liter, twin-turbo V12 engine has 563 horsepower. The SUV includes Rolls’ “magic air ride,” but drivers can press an “off road” button to hit the trails.
Deliveries are expected to begin in 2019.
Rising sales of SUVs and pickup trucks are driving auto sales in the US Autodata Corp. said in March that truck and SUV sales rose 16.3 percent, while car sales plunged 9.2 percent. Nearly two-thirds of all vehicles sold were trucks or SUVs.