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Volkswagen to buy 42 percent of Porsche, full merger planned
Thu, 13 Aug 2009Volkswagen will buy 42 percent of Porsche's sports-car business en route to a full merger by the end of 2011, the companies announced Thursday. VW will pay $4.7 billion for its initial stake in Porsche. It positions the new company to have 10 brands and global sales of 6.4 million, and Volkswagen CEO Martin Winterkorn is likely to lead the entity.
All-new MINI dashboard goes mainstream (spy photo)
Sat, 30 Mar 2013The all-new MINI – the third generation of the new MINI – is due later in 2013 and will be getting a more mainstream dashboard. Whatever you may think of the ‘new’ MINI – the one BMW make – it’s been a huge success. And it’s been a huge success because it’s managed to evoke the spirit of the original Issigonis Mini without being a pastiche.
Ford to reveal 'post-kinetic' design in Detroit
Wed, 03 Dec 2008It appears the NAIAS in Detroit will not be a complete wash in terms of new designs. Ford, for example, is poised to reveal the next phase in its global design language at the automaker's press conference on January 11th. According to J Mays, the automaker will unveil a new mid-sized vehicle which will 'be a big step in the global design DNA' for the company.