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Porsche to take majority stake in VW for £7bn
Fri, 07 Mar 2008By 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.
Subaru Impreza STI Cosworth (2010): first teaser photo
Thu, 11 Feb 2010By Tim Pollard First Official Pictures 11 February 2010 15:40 Subaru has whet the appetite of hot hatch fans with this annoyingly restricted teaser shot of a new collaboration with Cosworth: the new Impreza STI wearing a Cossie badge.The company calls it 'a special one-off project', but the project appears to shun Prodrive who have fettled many of the go-faster official Subaru Imprezas of the past decade.Subaru Impreza STI Cosworth: what else do we know?Very little. Only a short marketing blurb was issued today, giving away no further facts. Here's what they told us:'Two of the biggest names in automotive performance have come together to work on a special one-off project, and the result promises to be truly staggering. Subaru UK and Cosworth have enhanced the performance, handling and styling of the acclaimed Impreza STI, creating a car that will raise the bar for all-wheel-drive, high-performance motoring.
Ford Kuga Coupe planned?
Fri, 19 Jun 2009It looks as if Ford are planning a Ford Kuga Coupe for 2011 But Ford are obviously looking with interest at the ‘Style’ element of the market place. As people are downsizing in the current recession there are plenty looking for something that still says ‘Individual’ but without the price tag of the premium makers. And it appears as if Ford are seriously considering producing a ‘Style’ version of the Kuga – The Ford Kuga Coupe.