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Leaf Powers Ahead As Europe's Best-Selling Car Vehicle

THE NUMBERS are in and, while recent months have seen a flurry of new electric car launches, one car reigns supreme in this emerging sector. With a record-breaking 2013 behind it, Nissan’s Leaf topped the charts in Europe with 11,120 sales – a massive 204 percent rise compared to 2012. Furthermore Nissan is keen to point out that the Leaf is head and shoulders above its nearest rivals, achieving 25 percent more sales than its closest competitor.

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.

Official: 2014 Corvette Stingray to pace Indy 500

On Thursday, the pace car for the Indianapolis 500 was announced, and if you are one to get excited about pace cars, it's time to get excited. This year, "The Greatest Spectacle in Racing" will be paced by the 2014 Corvette Stingray. That's right, the seventh-generation Corvette Stingray will be leading the field to green.