2010 Ultra 260x Hatch Cover on 2040-parts.com

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.

Porsche 911 Speedster (2010) first official photos

Further evidence of Porsche market saturation: the new Porsche 911 Speedster, announced today ahead of its debut at the 2010 Paris motor show. Porsche has dabbled with speedsters before, of course. Most notably with the 356 - and Stuttgart's playing homage to that car with the new 2010 911 Speedster.

Mercedes drop SL65 – the end of the Mercedes V12?

2012 Mercedes SL - will have to live without the V12 We haven’t exactly had a glut of stories on the Merceds SL of late. In fact the last story appears to have been a spy shot of the 2012 SL back at the end of 2010. But that’s because the current SL is far from cutting edge and no longer the halo of the Mercedes range.