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Volkswagen to take full control of Porsche

Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.

VW Golf GTI concept (2012) first pictures

Volkswagen surprised the Paris motor show attendees with this production-ready Golf GTI concept car shown today. Although dubbed a concept, everything looks and feels like a showroom ready hot hatch. Expect to see the real thing at next spring's 2013 Geneva motor show.

Brands Hatch drive 'was wicked fun'

A MAN WHO DROVE his girlfriend's car on to the former Formula One circuit at Brands Hatch during a race has boasted that the stunt was "wicked fun". Jack Cottle, 21, steered Saskia Fisk's white Volkswagen Polo into the middle of a Fun Cup race at the Kent circuit on Saturday. He was arrested yesterday on suspicion of false imprisonment after footage filmed from the back seat by his friend, Zac Copson, showed Ms Fisk apparently screaming in terror.