Porsche, Bentley And Bugatti Join Forces To Contain Costs

As the costs of its diesel scandal continue to rise, Volkswagen Group will be helped by increased synergies between its Porsche and Bentley marques.

The VW-owned brands, along with the Bugatti supercar marque, are looking to share costs across a wide spectrum of activities and will achieve annual savings of 100 million euros ($106 million) starting next year, Porsche CEO Oliver Blume said.

There are 14 cross-disciplinary teams exploring where costs can be shared, said Blume, who heads VW's new Sport/Luxury group, which coordinates the three brands' activities in order to boost savings.