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Volkswagen hits back, weighs making a bid for Porsche

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.

SRT8 Charger Super Bee and Challenger Yellow Jacket readied for L.A. auto show

Dodge--or more accurately, the new SRT division--is bringing updated versions of past icons to the Los Angeles auto show. On Nov. 16, the 2012 Charger SRT8 Super Bee will break cover along with its partner in crime, the Challenger SRT8 Yellow Jacket.

Jaguar F-Type Paris Motor Show debut: Official

We already knew that the new Jaguar F-Type would get its production debut at the 2012 Paris Motor Show, but now it’s official. Jaguar has mastered the ‘launch’ of a new car in the digital age, with endless teaser photos and videos, trickles of information, official ‘Spy’ photos and tempting new little revelations at appropriate intervals. And that process has been exactly the path the arrival of the new Jaguar F-Type has followed, from the F-Type Coupe as the C-X16 Concept through to the camouflaged F-Type Roadsters we’ve seen on film, on video and in the flesh.