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Bristol in administration: sale expected in days

Bristol Cars could be sold within days, as the administrators are in exclusive talks with one bidder, CAR has learned. Several parties expressed an interest in the failed car maker, which collapsed into administration on 3 March 2011. Recovery specialist RSM Tenon is handling the sale and has reported a flurry of interest in Bristol Cars.

Mazda Miata roadster passes 900,000-built milestone

Mazda on Friday built its 900,000th MX-5 Miata, raising the bar on its Guinness World Record for best-selling two-seat sports car. The MX-5 Miata originally set the record in May 2000, when production reached 531,890 units. But the record was updated when production reached 700,000 units and again when production reached 800,000 units.

Volkswagen to take full control of Porsche

Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.