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BMW on course to hit more than 2 million sales in 2014

BMW is on track to sell more than 2 million vehicles in 2014 By Tim Pollard Motor Industry 15 July 2014 07:11 The BMW group has said it is on track to pass more than 2 million vehicle sales in 2014. The milestone is proof that the company's diversification with its growing BMW brand, and expanding Mini and Rolls-Royce sub-brands, is working. Global sales and marketing chief Ian Robertson gave a sales update during a trip to Incheon in Korea this week.

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.

Porsche Panamera S E-Hybrid qualifies for £5,000 taxpayer incentive

Porsche Panamera S E-Hybrid qualifies for £5,000 taxpayer incentive When Porsche revealed the first facelift for the Panamera back in April, they also revealed the Panamera S E-Hybrid, a plug-in hybrid with the power of a V8 and the fuel consumption of a city car. It’s a brilliant demonstration of how car makers have worked their way round the daft CO2 tax regimes designed to strangle the marketplace for powerful, luxury cars by using technology to attain far lower official emissions figures than ever. In the case of the Panamera S E-Hybrid that means a plug-in hybrid with a 94bhp electric motor to boost the power from the 3.0 litre V6 to 410bhp.