Walker 31623 Gasket on 2040-parts.com

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.

Pagani Zonda Cinque Roadster (2009): first official pictures

By Ben Pulman First Official Pictures 03 July 2009 16:30 Pagani has unveiled a roadster version of its most radical road-legal Zonda ever, the Cinque. Just five Cinque Roadsters will be made, and with no roof, a 669bhp V12 engine, and a price tag broaching £1.1m (plus taxes) it's pretty special. Think again - and if Horacio Pagani wants to build 5 more gorgeous Cinques, this time without a roof so you can really hear that 7.3-litre V12 wail, then who are we to argue. There's a longer front spoiler, a flat undertray and diffuser, plus a new rear wing, all of which is enough to create the same 750kg of downforce at 186mph that Pagani claims for the coupe version.

Audi Q3 RS Concept Revealed

Audi Q3 RS Concept The Audi Q3 RS Concept has been revealed ahead of a debut at the Beijing Motor Show. A Q3 with the heart of a TT RS. We’ve got to assume that the Audi Q3 RS Concept is heading for production sometime soon.