Napa 2547 Air Filter 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.

Budget Mitsubishi Lancer 1.5 SE introduced

Mitsubishi has released the Mitsubishi Lancer 1.5 SE 4 door saloon as an entry-level, budget model. The Lancer 1.5 SE has quite a reasonable spec for the price. Included are metallic paint, 16″ alloys, Bluetooth, AirCon, front fogs, a bunch of airbags and iPod connection.

Video: First glimpse of Porsche's new 911

These are the first images of the new 2012 Porsche 911, set to make its official debut at the forthcoming Frankfurt motor show. The evolutionary design, built atop a chassis that rides on a longer wheelbase, will feature a steeper rake on the windshield and stand shorter than the outgoing 997, while retaining similar overall dimensions. According to an insider, the new 2012 911 will also feature a heavily revised interior, similar to that of the recent Cayenne and Panamera models.