Acura Rdx 08 Oem Garnish Tailgate Lower Panel Trim Hatch Lift Gate Lining on 2040-parts.com

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.

Japanese Cars Top Reliability Table

THERE’S some good news for owners of cars from Japanese brands, as they have topped a recent reliability survey conducted by Warranty Direct. The bad news? Certain UK brands didn’t perform so well.

Ford Mustang: the ultimate birthday present?

What did you get for Christmas? A pair of socks? Some aftershave?