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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.
MIT researchers rethink electric-car batteries
Wed, 08 Jun 2011Researchers at the Massachusetts Institute of Technology say a new battery design for electric vehicles could be a lightweight and inexpensive alternative. The goal for the team's three-year project, launched in September 2010, is to have a functioning prototype ready to be engineered as a replacement for existing electric-car batteries. At this point in the project, the prototype uses a “semi-solid flow” to separate the two functions of a battery--storing energy and discharging it when needed--into separate physical structures.
VW Touareg (2010 / 2011) revealed
Wed, 10 Feb 2010Volkswagen has revealed the 2010 VW Touareg It’s not too hard to work out we’re coming up to one of the major motor shows on the calendar. The reveals are starting to speed up – this time with the Volkswagen Touareg in it’s new clothes. But it’s not just new clothes the Touareg is wearing, there’s lots more going on under the skin as well. A bit longer than the original, the 2010/2011 Touareg has had a major visual overhaul.