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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.

Early-build Ford GTs to cross the block at summer auctions

Their ancestors triumphed at Le Mans, and now two of the modern versions of the Ford GT are aiming for lofty finishes at summer auctions. The sixth and seventh Ford GTs built will cross the block at the Meadow Brook and Pebble Beach concours. And these are rare cars.

Ford Motor Company Fund expands driver-education program for teens

Driving Skills for Life (DSFL), a free program sponsored by the Ford Motor Company Fund to teach teen drivers safe driving skills, will be coming to 31 more cities this year as part of the DSFL national high-school tour and community program. New sites for the clinic include Albany, N.Y.; Louisville, Ky.; Atlanta; Phoenix, and Boston. “There is nothing more important than the safety of our young people on the road,” said Jim Graham, manager of DSFL.