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Volkswagen to take full control of Porsche

Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.

2012 Mercedes SL Leak

2012 Mercedes SL leaks ahead of Detroit debut The 2012 Mercedes SL will debut at the Detroit Motor Show in January, and we’ve had the first leak of the new SL brochure. The new Mercedes SL (which is either a 2012 or 2013 model, depending on which side of the Pond you are) is due to arrive in January at the Detroit Motor Show. But it’s turned up a bit earlier than Mercedes wants thanks to a brochure leak picked up by the guys at Autoblog.nl.

Aston Martin One-77 – the real McCoy spotted

But what was a big surprise was how categoric the AM spokesman we spoke to was on the issue. We didn’t get the usual ‘There is no truth in those rumours”. Instead, we got: “Absolute Rubbish!