Raybestos 56925 Rear Brake Rotor/disc-advanced Technology Rotor 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.

Aston Martin still aiming for a Lagonda SUV

Aston Martin still aiming for a Lagonda SUV (pictured) Aston Martin has never had the easiest of financial journeys, and that’s no different today than it ever was in the David Brown days. Only last week we reported that Aston Martin made a thumping big loss in 2012, despite its cars having iconic status and generally considered to be the most beautiful cars made. But there is light at the end of the very long tunnel of AML’s financial woes, and that revolves round the recent investment by Investindustrial in Aston Martin and its subsequent tie-in with AMG.

BMW 1-Series gets 4WD xDrive

BMW has announced that the 1-Series will be offered with xDrive 4WD on the 120d and M135i. But the UK won’t get the M135i xDrive. The last few winters in the UK, with heavy snow falls and lots of slip-sliding, has focused drivers’ minds on the benefits of 4WD, so the announcement by BMW that they’re going to offer xDrive on the 1-Series will be welcome news.