Auto Parts Business 4sale - Batteries, Belts, Hoses, Brakes, Shocks & More. Wct on 2040-parts.com
Bethel Springs, Tennessee, US
Car & Truck for Sale
Volkswagen hits back, weighs making a bid for Porsche
Thu, 23 Apr 2009Volkswagen 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.
BMW readying first M Performance model for U.S.
Fri, 06 Jul 2012BMW will introduce the first in what will become a line of M Performance models to North America in early 2014 with the M235i coupe. It will take the place of the 1-series M coupe which recently ceased production after a run of more than 6,000 units, some 600 of which were sold in the United States. BMW is renaming the coupe and convertible versions of the 1-series as the 2-series for the vehicle's second generation.
Mercedes C63 AMG Black Series goes to the Dark Side (video)
Wed, 09 May 2012Mercedes C63 AMG Black Series - US promo video Mercedes USA has released a black and white video of the Mercedes C63 AMG Black Series strutting its stuff to promote its US arrival. The Mercedes C63 AMG is a mean enough machine, but of you really want to drive the ultimate version you’ll need to go for the limited edition C63 AMG Black Series. And with the C63 AMG Black Series about to arrive in the US, Mercedes USA has released a video to tease the senses and loosen the pockets of the less than poor.