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Volkswagen to take full control of Porsche
Thu, 05 Jul 2012Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.
Mercedes E63 AMG Drifting at Brooklands
Wed, 14 Apr 2010The 525bhp Mercedes E63 AMG gets blatted round the Brooklands track in the video below When you produce a mid sized saloon car with a great big 6.2 litre V8 you can be pretty sure that when journalists get the chance to play they’re going to be a little exuberant with your car. So why not get in first? That seems to be Mercedes thinking with the video they’ve produced of the E63 AMG strutting its stuff at a soaking wet Brooklands track.
Audi reveals crossover concept for Beijing show (2014) first pictures
Tue, 08 Apr 2014By Ollie Kew First Official Pictures 08 April 2014 12:00 Audi will show this crossover concept car at the Beijing motor show later in April 2014. According to these first pictures, it’s essentially a four-door version of the Allroad Shooting Brake concept from Audi’s Detroit motor show stand, mixing TT style with Q5 attitude. Audi’s only released these design sketches so far, and not let on any powertrain details.