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Volkswagen to take full control of Porsche

Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.

GM posts quarterly net income of $1.96 billion

General Motors Co., in its final financial snapshot before next week's initial public offering of stock, posted third quarter net income of $1.96 billion on revenues of $34.06 billion. The results, released Wednesday, were in line with a forecast issued last week. GM now has earned $4.16 billion on revenues of $98.71 billion through three straight profitable quarters this year--a dramatic swing after five consecutive annual losses.

Volvo S40 Review & Road Test: Volvo S40 SE DRIVe Start/Stop (2011) Part 2

Volvo S40 DRIVe Interior - a decent place to be As already noted, the Volvo S40 DRIVe is pretty much a Ford Focus under the skin, which is a more than decent starting point. The Focus has a very good set of road manners and the ability to produce an enjoyable drive. Yet somehow the S40 conspires to be not quite as good as the Focus; much more average than you’d expect when you start to push on.