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After a rocky start, Honda's CR-Z joins U.S. hybrid derby

Honda Motor Co.'s new CR-Z sporty hybrid is the car that nearly wasn't. The wedge-shaped, two-seat hatchback was almost killed twice because engineers weren't convinced it was a unique concept and because U.S. bosses originally didn't want it.

Warning against driveway thefts in winter

DRIVERS are being warned to not leave their cars unattended while warming them up this winter as car theft increases in the colder months. Thieves find it easy pickings when drivers leave car on driveways with the engine running to heat up the car before leaving home. However, this leads to a rise in car thefts at this time of year, according to research by Tracker.

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.