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Porsche finally becomes a VW company
Thu, 05 Jul 2012Volkswagen has announced it is to finalise its takeover of Porsche by buying the remaining 50.1 per cent of Porsche stock for €4.46 billion. The takeover of Porsche by VW has been a long and rocky road, but then family fallouts are always messy. It all started with Porsche attempting to consume VW, but some clever manoeuvring by Ferdinand Piech thwarted the efforts of his cousin, Wolfgang Porsche, to swallow up his business and the financial crisis saw Porsche rack up €10 billion in debt in the process.
Mini USA celebrates 10-year anniversary
Wed, 21 Mar 2012Mini USA issued a celebratory press release on Wednesday marking the 10th anniversary of its entry into the U.S. car market. The Anglo-Germanic reimagining of Sir Alec Issigonis's OG hot hatch has spawned six new models since 2002, including a convertible for hairdressers and a tiny SUV for forest gnomes.
Volkswagen Sharan (2010) – Video View
Sun, 07 Mar 20102010 VW Sharan driving footage and beauty shots below. The Geneva Motor Show has provided us with a number of debuts, one of which was the 2010 VW Sharan, Volkswagen’s first proper reworking of its full size people carrier in half a generation. VW started out the launch for the 2010 Sharan with a little visual tease last month, but we get most of the detail with the reveal of the new Sharan at Geneva this week.