Dynomax 35502 Hardware Bracket 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.

Toyota Prius G Sports Concept at Tokyo Auto Salon

Toyota has revealed the Prius G Sports at the Tokyo Auto Salon Yesterday we reported on the Toyota FT-86 G Sport Concept which offered tweaks to both bodywork and performance and is a sneak preview of a G Sports range of cars Toyota are planning on launching in Japan. The FT-86 we get. It looks quick and with a turbo added to its 2.0 litre 4 pot Boxer engine it should provide some fun.

Aston Martin still aiming for a Lagonda SUV

Aston Martin still aiming for a Lagonda SUV (pictured) Aston Martin has never had the easiest of financial journeys, and that’s no different today than it ever was in the David Brown days. Only last week we reported that Aston Martin made a thumping big loss in 2012, despite its cars having iconic status and generally considered to be the most beautiful cars made. But there is light at the end of the very long tunnel of AML’s financial woes, and that revolves round the recent investment by Investindustrial in Aston Martin and its subsequent tie-in with AMG.