Honda Pilot Red Oval Keychain / Key Fob Engraved In Usa Genuine on 2040-parts.com

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.

Ferrari 599 HTGE package & the 599XX

Ferrari is busy doing what it does best – making the most of the exceptional cars it makes. All the glory of late has been focused on the  Ferrari California – but not for the right reasons. The California grabbed the headlines for two reason; it was the first Ferrari with a folding tin rood and the cheapest Ferrari currently available.

There will NOT be a ‘Super’ LaFerrari after all

Ferrari has been on the phone this morning to explain that the man from Autocar who spoke to LaFerrari’s chief designer, Flavio Manzoni, got hold of entirely the wrong end of the stick when discussing the design elements Ferrari didn’t use on LaFerrari. It seems Manzoni was explaining that during the design process for LaFerrari there were many design elements that couldn’t be included on LaFerrari, but were so good they wanted to keep them for use on future Ferraris. That was seized upon as confirmation that Ferrari were planning a ‘Super’ LaFerrari to sit above the new supercar at an even more extreme price.