Dorman 614-003 Cv Boot on 2040-parts.com

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen 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.

Hyundai Veloster roof recall expands

Hyundai is recalling more 2012 Veloster hatchbacks with panoramic sunroofs to fix a weakened assembly that may cause the sunroofs to shatter while driving. The recall impacts 6,071 Velosters manufactured from July 4-Oct. 31, 2011.

Porsche 918 Spyder Hybrid – On sale

Porsche 918 Spyder production sketch We first saw the Porsche 918 Spyder at the Geneva Motor Show in 2010; a hybrid supercar offering a gazillion miles to the gallon, Carrera GT levels of performance and fresh air from the exhaust pipe. The automotive equivalent of having your cake and eating it. By April last year our sources were telling us the 918 Spyder would go in to production after Porsche received 900 serious intents of interst on the car, and in June Porsche themselves confirmed the 918 Spyder would be built in limited numbers – just 918 cars for the world.