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Volkswagen to take full control of Porsche

Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.

Ford Focus (2015) to be priced from £13,995

By Tim Pollard Motor Industry 02 September 2014 06:00 Ford has frozen the starter price on its Focus mainstay for the new 2015 model year facelift. The news means that the Focus 1.6 Studio five-door hatch will cost from £13,995. And the Blue Oval pledges it’s not just an entry-level pricing gimmick; well equipped Titanium and Titanium X models have actually dropped on the new facelifted Focus, costing £100 less.

Mercedes-Benz plans teen-driving school

Mercedes-Benz plans to open a driving school for teens in the United States late this year. The school will be modeled on one that Mercedes launched in the United Kingdom in 2009. The location of the school and the program cost won't be disclosed until the end of April, a company spokesman said.