Peugeot 404 Shift Gear Knob 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.

Nissan Juke-R is one step closer with seats and dashboard: Video

Seat fitting and ergonomics aren't the most fun part of a custom job, but they're plenty important. For instance, in the sixth installment of the Nissan Juke-R conversion, the guys from Nissan are putting in FIA-approved seats, a dash panel, steering wheel and pedals. The process involved finding a good driving position, which is one of the main feedback points for the driver.

Production of U.S.-spec Lotus Exige and Elise to end in August

The end is near for production of U.S.-specification versions of the Lotus Elise and Exige sports cars. Lotus said on Thursday that it will pull the models from the United States because the airbags no longer meet safety standards. Rules require cars to have smart airbags, which adjust deployment for the speed of impact.