Amp Mustang Underdash Wiring Harness Without Tachometer 1969 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.

6th l'argus Design Competition announced

This week French magazine L'argus de l'automobile launches its 6th Utility Vehicle European Design competition. The contest runs until the 5th November, with the task to design a new commercial vehicle on the theme: "How to optimize urban goods delivery in large cities". Traffic flow is an issue for most of today's cities.

Kia Pro_Cee’d GT Turbo teased

The Kia Pro Cee’d GT – complete with the 1.6 litre petrol turbo from the Veloster with 200bhp – is being teased by Kia. We reported last month that Kia are planning to put the 200bhp, 1.6 litre Turbo from the Hyundai Veloster in to the new Pro_cee’d three door to create a hot little coupe, and now Kia has caught up with that news with the first tease for the Pro_cee’d GT. It’s probably best to take the teaser photo of the Pro_cee’d GT with a pinch of salt – it’s a typically extreme rendering of the car we’ll actually get – but it does demonstrate that Kia want to differentiate the Pro_cee’d GT from the more prosaic models.