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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.

Top 10 car adverts revealed

THE UK’s favourite television car advertisements have been revealed and Honda has grabbed the top two places. Its Hands advert was an easy winner with more than 12 million views, followed by the Japanese firm’s An Impossible Made Possible ad in second spot. Third place went to one of two Chevrolet adverts in the top 10 with the American company’s Outstanding Design ad in third followed by its LifeTest promotion in fourth.

Hyundai i30 (2011) at Frankfurt motor show

Hyundai is showing off the new i30 hatchback at the 2011 Frankfurt motor show. It's the first of the Hyundai-Kia twins - the new Kia Ceed lands in spring 2012. The i30 is Hyundai's C-segment Focus rival, and its replacement marks the start of a challenging new era for Hyundai; the i30 was the first car to wear the 'i' prefix, and its subsequent replacement means the company has come full circle.