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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.

Ghosn wants to expand Daimler ties; calls alliance a ‘powerhouse'

With chatter swirling about potential expansion of the Renault-Nissan alliance, CEO Carlos Ghosn on Thursday put his support directly into expanding the automakers' relationship with Daimler AG. “We know we have a powerhouse,” Ghosn said in a media roundtable at the Paris auto show. “When you add the R&D of Renault, Nissan and Daimler, we are the largest in the industry,” Ghosn said.

Unique book captures iconic motor racing colours

A BEAUTIFUL new book has been released that documents 77 different liveries from famous racing cars throughout the decades. Among the famous and celebrated paint schemes set out in Racing Colours are Gulf, Martini and British Racing Green classics from the racetrack and even from cinema, like that of the Porsche 917K driven by Steve McQueen’s Michael Delaney in the 1970 film Le Mans. A racing car’s livery is a key component in the enjoyment of motorsport through creating attractive car designs.