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Porsche finally becomes a VW company

Volkswagen has announced it is to finalise its takeover of Porsche by buying the remaining 50.1 per cent of Porsche stock for €4.46 billion. The takeover of Porsche by VW has been a long and rocky road, but then family fallouts are always messy. It all started with Porsche attempting to consume VW, but some clever manoeuvring by Ferdinand Piech thwarted the efforts of his cousin, Wolfgang Porsche, to swallow up his business and the financial crisis saw Porsche rack up €10 billion in debt in the process.

How Lexus execs rescued the GS sedan

Eighteen months ago, Toyota had all but scrapped its plans for the redesigned Lexus GS 350 sedan that was unveiled in Monterey, Calif., last week. At the time, the company was pouring engineering resources into resolving its unintended acceleration crisis and was busy changing quality and safety procedures. Plus, the GS' underwhelming sales in the United States and Europe made for a weak business case against the Mercedes E-class and BMW 5-series.

Aston Martin Rapide S arrives with 550 horses

Aston Martin is replacing the four-door Rapide with the Rapide S, which gets minor styling tweaks and extra power. Just as they did with the new DB9, Aston Martin has made the new Rapide S a more aggressive car, with small styling tweaks like a new grill and a small spoiler at the back, some minor trim tweaks with the addition of Piano Black trim and a new duotone black and red leather trim, and an optional carbon fibre pack for exterior highlights. Under the skin, the Rapide S is still based on Aston’s VH platform, but it does get the latest Gen 4 tweaks including new adaptive dampers with Normal, Sport and Track modes, tweaked dynamic stability control (DSC) and the latest AM11 engine dropped by 19mm for a lower centre of gravity.