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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.

Bugatti Veyron ‘Ettore Bugatti’ is the last ‘Les Légendes de Bugatti’ special

The Bugatti Veyron ‘Ettore Bugatti’ (pictured) pats tribute to Bugatti’s founder The Bugatti Veyron is coming very close to the end of its life, and this Veyron – the Bugatti Veyron ‘Ettore Bugatti’ – is the last in the series of Bugatti ‘Legends’ Special Editions and is, appropriately, dedicated to Bugatti’s founder – Ettore Bugatti. Just as the previous ‘Legends’ Editions of the Veyron – like the Veyron Black Bess, Veyron Meo Costantini and the Veyron Jean-Pierre Wimille - the Ettore Bugatti car is based on the Veyron Grand Sport Vitesse. As such, it offers open-top motoring with a top speed of 254mph, 0-62mph in 2.6 seconds and 1184bhp from its 8.,0 litre W16 engine.

Think, again: Norwegian electric-car maker looks for U.S. plant

Think, the Norwegian electric-car maker, says it plans to build an assembly plant and a technical center in the United States. After financing failed in the wake of the collapse of credit markets in late 2008, the company entered Norway's debt-settlement process (the equivalent of Chapter 11 bankruptcy), and production of its recently redesigned Think city car was halted. It continues operating under a $6 million interim funding measure while it pursues additional financing.