Suv Metal Car Spider Man Emblem Logo Rear Badge Sticker For Audi Decal Universal 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.

Autoweek in review: Lamborghini Egoista, Maserati Quattroporte and Ecclestone's bribery charge

Tesla's impressive first-quarter sales topped the news Monday, as the Model S outsold the luxury competition. Racing veteran Derrick Walker was also named IndyCar's president of competition and operations. Tuesday, details surrounding the Acura NSX emerged, and we took a look at the Lamborghini Egoista.

Citroen DS3 – the Conigurator

  The Citroen DS Inside Concept Configurator - build your own Citroen DS3 But yet another part is to involve the car-buying public, so Citroen has launched an on-line configurator for the yet to be released Citroen DS3, their small ‘Luxury’ car that was announced at the Geneva Motor Show as the Citroen DS Inside Concept. The Citroen DS3 is going to pit Citroen against the likes of the MINI and the Alfa Romeo MiTo. Which are tough acts to take on.