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Porsche finally becomes a VW company

Volkswagen has announced it is to finalise its takeover of Porsche by buying the remaining 50.1 per cent of Porsche stock for €4.46 billion. The takeover of Porsche by VW has been a long and rocky road, but then family fallouts are always messy. It all started with Porsche attempting to consume VW, but some clever manoeuvring by Ferdinand Piech thwarted the efforts of his cousin, Wolfgang Porsche, to swallow up his business and the financial crisis saw Porsche rack up €10 billion in debt in the process.

Kia’s ‘Stunning Sports Car Concept’ gets a name – it’s the Kia GT4 Stinger

Kia’s ‘Stunning Sports Car Concept’ is the Kia GT4 Stinger Just before Christmas, Kia revealed the first teaser photo – a birds-eye view – of a new concept they’re taking to the Detroit Auto Show later this month, which they described as a stunning sports concept, but gave us absolutely nothing else. We did hope it may be something that points towards a proper performance Kia, although we half expected it to turn out to be a 3-pot city runaround. But actually, it looks quite promising.

McLaren P1 supercar (2012) first official pictures

Forget the abstract fluorescent light show teaser released earlier this month, because we’ve got official pictures of McLaren's latest supercar challenger. It's called the P1 and it certainly gives food for thought to those who were disappointed by the MP4-12C's styling. The F1 successor was formally codenamed the P12 ahead of its official release, but it seems McLaren is confident the P1 will put it in pole position among the super sports cars on the way from Ferrari and Porsche.