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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.
School run puts pressure on parents
Tue, 26 Nov 2013PRESSURED PARENTS are often operating the school run in a rush, according to a survey. Many mothers and fathers worry about being late for work and have difficulty getting their children up in the mornings, the poll by insurance company Allianz showed. As many as 42% of parents said feeling rushed was their main school-run worry, while 20% got distracted while driving their offspring to school.
VW Golf GTI Cabriolet Price & Specs – starts at £29,310
Tue, 01 May 2012VW Golf GTI Cabriolet - costs £29k and now up for grabs Following a reveal at the Geneva Motor Show, VW has revealed prices and specs for the Golf GTI Cabriolet. Starts at £29,310. We may be getting towards the end of the shelf life of the current VW Golf, but that didn’t stopped Volkswagen revealing a range topping Golf drop top in the guise of the Golf GTI Cabriolet at the Geneva Motor Show in March.