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Citroen DS5 (2011) first official pictures

This is the Citroen DS5, the third addition to Citroen’s 21st century DS-badged range. Set to be unveiled at the 2011 Shanghai motor show tomorrow, this crossover is the Citroen DS5 White Pearl, a tag that designates that a few of the exterior and interior detailings are just for show. However, what you see before you is essentially the same DS5 that will go on sale in the UK at the end of 2011. So what exactly is the new Citroen DS5?

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.

Chrysler brand will handle Fiat 500 in U.S.

The Chrysler brand will handle U.S. distribution of the Fiat 500 minicar, said Peter Fong, Chrysler brand CEO and head of sales for all Chrysler Group brands. Fong said the 500 most likely will have a dedicated corner in Chrysler-brand showrooms.