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Green Car Award Winners – all more polluting than a Porsche 911
Fri, 16 Jul 2010The Porsche 911 Carrera - less polluting than the What Car Green Car Award Winners Earlier today we did a round-up of this year’s What Car Green Car Award winners. Which many find of interest as they believe the right thing to do is buy a car with low CO2 emissions. Regular readers will know that we are not impressed with the obsession with CO2 and want Governments to stop taxing motorists based on the nonsense that CO2 is harmful, and instead base taxation and future objectives for the car industry on what really matters – emissions from cars that are detrimental to health.
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.
Fornasari Racing Buggy concept
Fri, 26 Jun 2009Fornasari, a small independent automaker based in Italy, has recently completed a new 'Racing Buggy' concept, which will be unveiled at the Frankfurt motor show in September. The 2+2-seat concept is a powerful, functional and extreme off-road vehicle with a removable roof and doors. It measures 4350mm long, 2000mm wide, 1720mm high and has a 2750mm wheelbase.