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

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.


Egypt collector accumulated over 100 vintage cars

Updated 28 October 2020

Egypt collector accumulated over 100 vintage cars

  • Among the famous figures who once rode one of Sima’s cars was former Egyptian president Anwar El-Sadat
  • Sima’s oldest car is an Auburn which he acquired in the 1980s

CAIRO: Sayed Sima says he was around 25 years old when he began collecting vintage cars, attracted by their beauty and rarity. They were also relatively cheap.
More than half a century later Sima, a nickname derived from the Egyptian slang for cinema, says he now owns hundreds of vintage cars, some of which he keeps in Egypt’s Media Production City where directors often rent the antiques for shows and films.


Sima’s oldest car is an Auburn which he acquired in the 1980s.
“This is of course a very rare car, a car that is entirely a piece of antique,” he said, while sitting in the Auburn showcasing its wooden frame and steel coating.
“Its original tank is still inside. It’s a beautiful car. Its structure is all wood.”
Sima remains fascinated by the way older cars operate.
His 38-year-old son, Ayman, shares this peculiar passion. He grew up seeing his father’s cars in movies.


“I also liked how I saw these cars on movie screens. I would see a movie and think, oh it is our car,” he said.
Among the famous figures who once rode one of Sima’s cars was former Egyptian president Anwar El Sadat, whose presidential car was a black 1975 Chevrolet Impala, said Sima.

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