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Porsche to take majority stake in VW for £7bn

By Ben Whitworth Motor Industry 07 March 2008 11:26 Porsche is about to become the majority shareholder in Volkswagen. The sportscar maker has been given the green light to purchase further stock in VW, taking its share past the 50 percent mark to give it a controlling interest. As soon as various legal checks have been cleared, Porsche plans to purchase a further 20 percent of VW stock – it already owns 31 percent - at an estimated cost of around £7 billion.

New Hyundai Genesis Coupe – will it be the first Genesis ‘Brand’ car?

New Hyundai Genesis Coupe - the first 'Genesis' car? The Hyundai Genesis isn’t a car we see this side of the Pond. It’s a grown-up coupe with a proper dose of power and it’s expected the new Genesis will get a 3.8 litre V6 with 333bhp driving the rear wheels.

New Bentley SUV teased

The new design for the Bentley SUV teased There’s little doubt Bentley will make a success of its SUV, despite the original EXP 9 F Concept getting far more brickbats than plaudits. So Bentley have been back at their drawing boards making the Bentley SUV (which could be the Bentley Falcon) look more like a Bentley, and the tease is now beginning for its arrival in Bentley showrooms in early 2016 with a single photo (above). As expected, Bentley has replaced the blunt Mulsanne-like front end of their SUV with a nose that looks like its been taken from the Flying Spur, and no doubt added a few more curves on the bits we don’t see in the tease photo.