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Court order BANS publication of VW’s Luxury car security codes
Tue, 30 Jul 2013Bentley is just one of VW’s marques whose security has been compromised There have been plenty of stories around in recent years of car makers’ security systems being easily hacked by spotty boys with a laptop, and now a scientist at Birmingham University has cracked VW’s Megamos Crypto system that protects cars like Bentley and Porsche. Flavia Garcia has cracked the code that transmits between VW’s luxury cars – like Bentleys and Porsches – and the key fob, which potentially fatally compromises VW’s security. Garcia had planned to publish his paper on the fatal flaws in the Megamos Crypto system at the Usenix Security Symposium in Washington next month, but a judge has put the kybosh on that.
Daimler, Ford & Nissan Hydrogen Alliance
Tue, 29 Jan 2013Daimler (Mercedes), Ford and Nissan-Renault have formed an alliance to co-develop hydrogen fuel cell technology for a range of new cars. Yesterday, we reported that Mercedes has postponed the launch of their hydrogen fuel cell B Class until 2017 and is in talks with Nissan and Ford to co-develop hydrogen fuel cell technology. Those talks have now turned in to an alliance between three of the world’s biggest car makers.
Porsche to take majority stake in VW for £7bn
Fri, 07 Mar 2008By Ben Whitworth Motor Industry 07 March 2008 11:26 Porsche is about to become the majority shareholder in Volkswagen. The sportscar maker has been given the green light to purchase further stock in VW, taking its share past the 50 percent mark to give it a controlling interest. As soon as various legal checks have been cleared, Porsche plans to purchase a further 20 percent of VW stock – it already owns 31 percent - at an estimated cost of around £7 billion.