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Volkswagen to buy 42 percent of Porsche, full merger planned

Thu, 13 Aug 2009

Volkswagen will buy 42 percent of Porsche's sports-car business en route to a full merger by the end of 2011, the companies announced Thursday. VW will pay $4.7 billion for its initial stake in Porsche. It positions the new company to have 10 brands and global sales of 6.4 million, and Volkswagen CEO Martin Winterkorn is likely to lead the entity.

Ford to reveal design concept, Focus performance variant at Frankfurt

Wed, 03 Aug 2011

Ford is staging four global reveals in September at the Frankfurt motor show, including a design concept and performance news related to the Focus. Spokespeople at Ford declined to offer specifics, but the cars will be rolled out on Sept. 12 to the media, ahead of a public unveiling.

McLaren F1 to buy BMW F1 Engine ops

Sun, 04 Oct 2009

McLaren could be about to buy up BMW's F1 engine operations BMW are quitting F1 at the end of this season, and the Sauber team is up for sale. But the engine operations are not part of the deal. So it’s starting to look as if McLaren are looking to buy up the engine side from BMW and become a completely independent F1 car builder – just like Ferrari.