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Porsche Boxster growing to make room for small two-seater, report says

The next-generation Porsche Boxster will get a longer wheelbase and measure nearly 173 inches long overall, British magazine Autocar says on its Web site. Why is the Boxster growing? To create room at the bottom of the Porsche lineup for a new two-seater based on the Volkswagen BlueSport concept shown at the Detroit auto show in 2009, the report says.

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.

New Volvo P1800 revealed by Volvo’s chief designer

Volvo P1800 re-imagined Volvo’s Chief Designer at its Monitoring and Concept Centre has recreated the iconic Volvo P1800 for the 21st century to celebrate its 50th anniversary. The Volvo P1800 is perhaps the most stylish car Volvo has ever produced, and 2011 marks the 50th anniversary of the most unlikely of Volvos; a Volvo that was to The Saint what the Aston Martin DB5 was to James Bond. Designed to be eye candy for Volvo dealers hoping for more footfall in showrooms full of Amazons, the P1800 was designed by Pelle Petterson – the son of Volvo consultant Helmer Petterson and the driving force behind the Volvo P1800 project - who worked for Italian designers Pietro Frau.