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Skoda Fabia vRS 2000 (an open-topped vRS) at Worthersee

Skoda Fabia vRS 2000 Concept Yes, it’s Wörthersee Tour time again. Which explains why we have an OTT Skoda on display - the Skoda Fabia vRS 2000. Finished in the same striking green as the production Skoda Fabia vRS, the vRS 2000 is a concept car put together just for the GTI-Treffen event in Worthersee and is based on the Fabia vRS 2000 rally car and, as Skoda boss said, Worthersee “…is a welcome opportunity for us to show off our sports models and make sure that everyone knows that Škoda really has something to offer here.” It would have been hard to believe even just a few years ago that a car like the vRS 200 could ever come out of Skoda, but we’re now at the point where, if you can set aside badge snobbery, Skoda often has more to offer than parent VW.

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.

Hyundai i-oniq: New Hyundai concept at Geneva 2012

Hyundai i-oniq Concept - Geneva bound Hyundai has revealed a single teaser image of a new concept they will take to the 2012 Geneva Motor Show – the Hyundai i-oniq. What are we to make of the Hyundai i-oniq Concept? Probably, we’re supposed to speculate as to exactly what it could be, as Hyundai aren’t interested in telling us much about it yet.