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Porsche finally becomes a VW company
Thu, 05 Jul 2012Volkswagen 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.
Audi RS4 Avant Nogaro pays tribute to the original Audi RS – the RS2 Avant
Sat, 08 Feb 2014The Audi RS 4 Avant Nogaro )pictured) commemorates 20 years of Audi RS We’ve got used to estate cars with supercar prowess from Audi in recent years, but it wasn’t always so. Until 1994 there really wasn’t an Audi that was anything more than just a titivated family car. But then came the Audi RS 2 Avant.
Volvo S60 saloon (2010) unveiled
Tue, 10 Nov 2009This is the new Volvo S60, and it’s the latest attempt by the Swedish safety-mongers to snatch a share of the small executive saloon market that’s dominated by the 3-series, A4 and C-class. Volvo has only released two exterior photos of the new S60 – we’ll see the interior closer to the car’s Geneva motor show unveil in March 2010 – as it wants to highlight the new car’s design. Under now-departed design chief Steve Mattin, the S60 has been created as the car that will start the differentiation of Volvo design and break the one-size-fits-all focus.