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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.

Renault Twingo (2014) first official pictures

By Damion Smy First Official Pictures 13 February 2014 23:01 This is the new Renault Twingo that’s due to arrive in showrooms this September. Renault’s smallest model bar the quirky Twizy, the third-gen Twingo is the first in the car’s 24-year history to come with five doors. The all-new model has been co-developed with Mercedes, which will use it for its Smart ForTwo and ForFour models.

Ford's Sync takes on General Motors' OnStar with live operators

Ford Motor Co. is taking on General Motors' OnStar system by offering live operator assistance. Ford's new feature, called Operator Assist, offers live operators to help Sync Services subscribers find a business or get turn-by-turn directions.