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Volkswagen GTI Roadster bows at Woerthersee

As we expected, Volkswagen introduced the real version of the GTI Roadster “Vision Gran Turismo” at the Woerthersee festival in Austria on Thursday. The show car was originally created for the PS3 game's “Vision” series of cars. It debuted in-game on Monday.

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.

NHTSA investigates Volkswagen Jetta diesel for fuel leak

The National Highway Traffic and Safety Administration opened a preliminary investigation on Aug. 2 into 40,000 copies of the 2011 Volkswagen Jetta TDI. NHTSA received seven complaints stemming from leaks between the fuel line and the fuel injectors.