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Volkswagen to take full control of Porsche

Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.

Honda rolls out the CR-V concept as production launch nears

Honda on Thursday rolled out the CR-V concept, which previews the redesign for the small crossover. Honda plans to unveil the redesigned 2012 CR-V at the Los Angeles auto show in November and says the car will go on sale by the end of this year. Honda says the new CR-V will weigh less than the current model and get a more fuel-efficient engine.

Audi launches special TTS to celebrate 500,000 sales (2013)

By Martin Saarinen First Official Pictures 16 October 2013 16:00 Audi is unleashing a special edition TTS, with RS looks and lashings of equipment. The TTS Limited Edition commemorates the iconic Audi smashing the 500,000 sales barrier, in its fifteenth year on sale. Priced from £38,860 for the coupe and £42,320 for the roadster, the special TTS costs £2815 or £4115 more than its coupe or roadster equivalent, but Audi claims the cars get an extra £5665 of kit to tempt punters.