Ams Automotive 05-121 Clutch-clutch Kit 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.

Volvo S60 (2010) – first official photos

The first official picture of the 2010 Volvo S60 It’s been almost a year since we first reported on the Volvo S60. Volvo had released some teaser images of the S60 and we speculated – unkindly, as it turns out – that the teaser images would look nothing like the concept. But we were wrong.

Ford celebrates 65 years of the F-series

On the heels of this week's reveal of the Ford Atlas concept pickup, a preview of the next-generation F-150, Wednesday marks the 65th anniversary of the venerable Ford F-series. The first F-series truck was introduced to the public on Jan. 16, 1948.