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Volkswagen to buy 42 percent of Porsche, full merger planned

Volkswagen will buy 42 percent of Porsche's sports-car business en route to a full merger by the end of 2011, the companies announced Thursday. VW will pay $4.7 billion for its initial stake in Porsche. It positions the new company to have 10 brands and global sales of 6.4 million, and Volkswagen CEO Martin Winterkorn is likely to lead the entity.

Hangover affects driving ability 'as much as being drunk'

A HANGOVER following a night of heavy drinking can impair driving performance as much as driving under the influence of alcohol, according to new research. Scientists at universities in the UK and the Netherlands found that the effects of a night's heavy drinking last longer than a measurable blood alcohol concentration and that hangover immunity is largely a myth. In research conducted at the University of the West of England, participants who had been drinking the night before undertook a 20-minute simulation of driving in a mixed urban and rural setting.

Goodwood Moving Motor Show: (almost) an unqualified success

The Goodwood Moving Motor Show Yesterday we toddled along to Goodwood to see the set up for this year’s Festival of Speed and to have a look at the Moving Motor Show in action for the first time. We also – courtesy of Jaguar, who had invited us for the day – got an early drive up the hillclimb-based circuit that forms part of the Moving Motor Show’s appeal for the lucky ones who got the opportunity to take the wheel of one of the impressive bunch of cars on display. And it was an impressive bunch, with everything from the Toyota Auris Hybrid to the Rolls Royce Phantom DHC via the Audi R8 and the new Jaguar XJ on offer to drive.