K72900 1989-03 Transaxle Auto Transmission Overhaul Gasket Seal Kit A604 on 2040-parts.com

Porsche to take majority stake in VW for £7bn

By Ben Whitworth Motor Industry 07 March 2008 11:26 Porsche is about to become the majority shareholder in Volkswagen. The sportscar maker has been given the green light to purchase further stock in VW, taking its share past the 50 percent mark to give it a controlling interest. As soon as various legal checks have been cleared, Porsche plans to purchase a further 20 percent of VW stock – it already owns 31 percent - at an estimated cost of around £7 billion.

CAR Most Wanted of 2014: Mini Cooper S

By the CAR editorial team First Official Pictures 20 January 2014 14:00 The styling of the new Mini Cooper generated huge debate when we revealed the new hatch on CAR Online late last year. Some of you hated the bulbous, high-shouldered look, while others criticised the stylists for not moving the game on far enough next to rivals like the Citroen DS3 and Audi A1. The dust is still settling on that front, but there can be no argument over just how important the new Cooper is not just for Mini, but BMW’s future too.

Arizona auctions: Early days filled with optimism

The sun kept shining--both as a metaphor and in reality--while the cars were selling at the Arizona auctions. As of late Thursday, Barrett-Jackson had completed three of its six days of sales. Preliminary numbers assembled by on-site reporters indicate total sales of $20.2 million at the halfway mark, with 100 percent of the 656 cars on offer sold.