Seadoo Rx 2000 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.

MINI Countryman Cooper & Paceman Cooper get ALL4 4WD

The MINI Countryman Cooper (pictured) & Paceman Cooper get ALL4 4WD We always find it astonishing that car makers ‘ration’ the availability of four wheel drive platforms in their cars, usually citing a ‘lack of demand’. But that lack of demand is usually predicated on the lack of supply, and increasing the supply of 4WD cars would see more sold, especially after a series of harsh winters where many motorists struggled to keep their cars in a straight line. So the decision by BMW to extend the availability of their ALL4 4WD setup to a wider range of MINIs is welcome, with the petrol Countryman Cooper and Paceman Cooper now getting the ALL4 option too.

2012 Chevrolet Colorado revealed in production trim

Chevrolet staged the global reveal of its next-generation midsize pickup truck, called the Colorado, on Wednesday in Thailand. The company won't confirm that the truck will be sold in the United States, but according to details of the General Motors-UAW pact signed in September, a midsize truck will be assembled in Wentzville, Mo., as part of a $380 million investment. The Colorado would be a global truck and is to be sold in 60 markets, and it would replace the aging truck of the same name in the United States.