Subaru BRZ Coupe arrives

Subaru BRZ arrives The Subaru BRZ Coupe – Subaru’s take on the Toyota GT 86 – has been revealed ahead of its Tokyo debut. So the Subaru BRZ has finally arrived in production form ahead of the Tokyo Motor Show. And it’s all a bit of an anti-climax.

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.

G-Wiz maker Reva announce new electric cars

The Reva NXR - one of two new electric cars Reva re bringing to Frankfurt Reva plan on introducing two new cars at the Frankfurt Motor Show next month. The first is the Reva NXR, which is a three-door, four seat family hatchback scheduled to launch in 2010. The second is a sporty, targa-topped two-seater – the Reva NXG – that won’t go in to production until 2011.