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Porsche finally becomes a VW company

Volkswagen has announced it is to finalise its takeover of Porsche by buying the remaining 50.1 per cent of Porsche stock for €4.46 billion. The takeover of Porsche by VW has been a long and rocky road, but then family fallouts are always messy. It all started with Porsche attempting to consume VW, but some clever manoeuvring by Ferdinand Piech thwarted the efforts of his cousin, Wolfgang Porsche, to swallow up his business and the financial crisis saw Porsche rack up €10 billion in debt in the process.

San Marino Motor Classic celebrates its third year

There may be more car collections hidden in Southern California garages, hangars and warehouses than anywhere else in the world, and Aaron Weiss knows almost all of the collectors. Weiss, along with co-founders Ben Reiling, Paul Colony and a large contingent of car-crazy compatriots and sponsors, put together the third annual San Marino Motor Classic on June 9 with 250 cars ranging from grand tourers to a Wells Fargo stage coach hauling guests around the show. “It's the best of the public and private collections in the Los Angeles area,” said emcee Ed Justice Jr., president of industry products company Justice Brothers.

Nissan GT-R gets light upgrades for new model year

Nissan revealed the next iteration of the Japanese-spec GT-R supercar last week. The 2013 model will enter that market sometime this month, but those sold in the U.S. will debut in January and be sold as 2014 models.