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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.
Beijing motor show 2012 video review by CAR Magazine
Wed, 25 Apr 2012CAR's journos on the ground at the 2012 Beijing motor show - Gavin Green and Tim Pollard - met at the end of the first press day to chew over the salient points of the Chinese auto show. Watch them in our video debrief above - and you can read Gavin's full review of the Beijing motor show and read 10 things we learned about the Chinese car market by Tim Pollard. And read individual articles on the 2012 Beijing motor show by clicking on the relevant links below: • Aston Martin DBS, V8 Vantage and Virage Dragon 88• Audi RS Q3 concept car• BMW i8 Spyder concept car• Citroen Numero 9 concept car• Ferrari's new HY-KERS hybrid supercar tech• Jaguar XJ Ultimate and engine news for F-type, XF, XJ• Lamborghini Urus SUV• Mercedes Concept Style Coupe• MG Icon concept car• Porsche Cayenne GTS• Toyota Yundong Shuangqing and Dear Qin • Roewe 950• Seat Ibiza Cupra concept car• VW E-Bugster convertible
Volkswagen Golf Sportsvan at the 2013 Frankfurt Motor Show
Mon, 09 Sep 2013This is the Volkswagen Golf Sportsvan, making its world premier at the 2013 Frankfurt Motor Show. Put simply, it’s a more practical version of the German firm’s Golf family faithful hatchback, which will replace the Golf Plus in the UK. Please click on the image above to read more on the Volkswagen Golf Sportsvan concept…