Pacer Center Cap C-617-1 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.

Chrysler gets improved performance and handling marks from Consumer Reports

Chrysler Group is making strides to improve handling and performance of its vehicles, but the gains vary from model to model, according to tests by Consumer Reports magazine. The magazine said Tuesday that its recent tests of eight 2011 Chrysler Group models found advances in performance, interior fit and finish and handling. But it said the level of refinement in some vehicles still lags behind rivals.

Domagoj Dukec on BMW's 2 Series [w/Video]

Following last week's reveal of the BMW 2 Series Coupé, the carmaker has released a video featuring head of exterior design Domagoj Dukec, in which he talks us through the car's design. The video, which also features BMW product manager Thomas Ebner, sees Dukec explaining how the three air intakes at the front – which also integrate the Air Curtain technology – set a marker for the car's "sportivity", before he explores the way in which new design features such as the grille and headlamps differ from those of its predecessor, the 1 Series. Moving on to to the side profile, he discusses what makes the silhouette typically BMW and what separates it from bigger coupés, while identifying the DLO as a special feature of the 2er.