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Porsche finally becomes a VW company
Thu, 05 Jul 2012Volkswagen 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.
SEAT Ibiza Bocanegra – Official
Thu, 07 May 2009SEAT Ibiza Bocanegra - coming to the UK by the end of this year. First shown as a concept at the Geneva Motor Show in 2008, it is back to be unveiled as a proper production model at the Barcelona Motor Show in full, road-ready trim. Based on the SEAT Ibiza Cupra, this promises to be a hot hatch with lots to offer.
Toyota Prius V
Tue, 11 Jan 2011Toyota is keen to expand the Prius brand. The company will introduce a multitude of variants in the coming years and the Prius V, unveiled at the 2011 NAIAS, is the first expansion to the family. Retaining the familiar Prius features, the V simply sharpens up elements over the existing sedan.