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Porsche finally becomes a VW company

Volkswagen 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.

CDN-GM Interactive Competition launched

The Car Design News - GM Interactive Competition interior design phase has launched and is now accepting uploads from students studying any kind of design course in North America and Canada. You can register and upload an initial entry right now at www.cardesigncontest.com GM's four brands: Buick, Cadillac, Chevrolet and GMC have each set a brief, of which students can choose to answer one or several. It's traditional to focus your design efforts towards the close of a design competition, but GM, and our sponsors, Dassault Systèmes and Faurecia, have mentors standing by to guide your design work, so we encourage you to begin uploading work as soon as you can.

Jaguar XKR Goodwood Special (2009): first photos

By Tim Pollard First Official Pictures 01 July 2009 09:22 CAR was hanging out at Jaguar yesterday when we spotted this: the new XKR Goodwood Special – an XKR turned up to 11 to wow the crowds at this weekend's Festival of Speed.Editor Phil McNamara was on hand to soak up the one-off XKR, which points to a harder, faster XKR. Power rises to 523bhp from the standard XKR's 503bhp and torque swells to an earth-rippling 516lb ft.The new Jaguar XKR Goodwood Special: the lowdownWe were at the Whitley design centre on an, ahem, top-secret feature for a future issue of CAR Magazine, when design director Ian Callum and chief engineering type Mike Cross arrived unannounced in the XKR Goodwood Special. Over to you, Mike: 'The regular XKR has a torque limiter to conserve the gearbox's life,' he explained.