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Ram brand created, Gilles to lead Dodge cars and Fong leaves in Chrysler shakeup

Chrysler Group has created a new brand called Ram for its trucks and named its top designer, Ralph Gilles, as CEO of Dodge cars. The new structure overhauls a setup announced in June as the automaker emerged from bankruptcy in an alliance with Fiat S.p.A. Michael Accavitti, who had led the Dodge brand, has "resigned to pursue other interests," the company said in a statement.

Volkswagen to buy 42 percent of Porsche, full merger planned

Volkswagen will buy 42 percent of Porsche's sports-car business en route to a full merger by the end of 2011, the companies announced Thursday. VW will pay $4.7 billion for its initial stake in Porsche. It positions the new company to have 10 brands and global sales of 6.4 million, and Volkswagen CEO Martin Winterkorn is likely to lead the entity.

Volkswagen Passat R36 (2006): first official pictures

By Phil McNamara First Official Pictures 17 November 2006 10:13 VW Passat R36: the lowdown Volkswagen has pulled the wraps off its 'R' flagship Passat – and the five-door is the fastest estate VW has ever made. Scooped by CAR Online a few weeks back, the R36 puts out 296bhp, which launches the estate fromk standstill to 62 in 5.8sec. Available as a saloon, too, the R cars go on sale in early 2007, with prices starting at an estimated £28,000.