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Porsche finally becomes a VW company
Thu, 05 Jul 2012Volkswagen 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.
Companies work with racing technology to improve child safety seats
Fri, 27 May 2011The same technology that saved IndyCar driver Simona De Silvestro from serious injury in a recent crash at the Indianapolis Motor Speedway might soon be helping protect children in car seats. Dorel Juvenile Group, a car-seat manufacturer, is partnering with racing-product developers at Bald Spot Sports to use cockpit material that insulates racers from crashes in child-safety technology. Dorel makes child-safety items under brand names such as Safety 1st and Cosco.
Top Gear Nissan LEAF & Peugeot iOn Electric car episode spoofed
Sat, 04 Jun 2011It's James & Jeremy testing the iOn and LEAF Yes, boys and girls, there is a new series of Top Gear looming, with the boys back on the box this month. And already a so far unseen episode is being lampooned. Very well.