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Porsche to take majority stake in VW for £7bn

By Ben Whitworth Motor Industry 07 March 2008 11:26 Porsche is about to become the majority shareholder in Volkswagen. The sportscar maker has been given the green light to purchase further stock in VW, taking its share past the 50 percent mark to give it a controlling interest. As soon as various legal checks have been cleared, Porsche plans to purchase a further 20 percent of VW stock – it already owns 31 percent - at an estimated cost of around £7 billion.

Maybach Exelero for sale – ish

A Swiss Company is offering replica Maybach Exeleros We’re not huge fans of the Maybach here at Cars UK, as you’ll know if you’ve been here before. It’s just so ill-conceived it beggars belief that a company as savvy and successful as Mercedes can’t see it. Mind you, we’re convinced they’ve just about given up on Maybach – even though they deny it – and the 100 Maybach Coupes being built by Xenatec are a swansong to the marque, which we’re convinced will go the same way it did in its previous life by simply stopping production.

2013 Ford Fusion recalled for faulty headlight lens

The redesigned 2013 Ford Fusion, recalled earlier this week for potential fires in the 1.6-liter engine, is now being recalled for a headlight fix. The headlights don’t meet the requirements of Federal Motor Vehicle Safety Standards. The National Highway Traffic Safety Administration says that an improperly cured projector coating will become hazy, reducing the brightness of the low-beam lamp.