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Essex man builds his own road-legal F1 car

OK, first things first – this isn't really an F1 car. In fact, aside from the Red Bull livery, it shares very little in common with a real F1 car. But we couldn't help but take a closer look.

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.

VW pushes upmarket: the new Passat and lessons learned by the Phaeton

By John Mahoney Motoring Issues 07 July 2014 08:02 Logically, it makes perfect sense to push the new 2015 VW Passat upmarket far away from the declining, mass-market D-segment it used to inhabit. After all, how can Volkswagen resist a tasty slice of profit the BMW 3-series or Mercedes C-class dishes out to their makers? Even if it does risk stepping on Audi's toes...