Yamaha 93317-32231 Bearing *new on 2040-parts.com
Rancho Cucamonga, California, US
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Volkswagen hits back, weighs making a bid for Porsche
Thu, 23 Apr 2009Volkswagen 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.
Bugatti Veyron Grand Sport Vitesse Jean-Pierre Wimille Special Edition. Yes, another Veyron ‘Special’
Thu, 25 Jul 2013The Bugatti Veyron Grand Sport Vitesse Jean-Pierre Wimille (pictured) is the latest Veyron ‘Special’ We haven’t tried to do the sums yet, but we’re beginning to wonder if Bugatti has produced more ‘Special Edition’ cars than MINI has? Certainly, in a sales volume to special edition ratio, they must be streets ahead. And now we have yet another Special Edition Veyron. The Bugatti Veyron Grand Sport Vitesse Jean-Pierre Wimille Special Edition (for that is the catchy little moniker Bugatti has bestowed on their latest effort) will be a limited run of three cars and is the first of six special edition ‘Bugatti Legends’ Veyrons planned for the VW supercar.
Jeep pickup at least 4 years away, CEO says
Mon, 19 Sep 2011Jeep CEO Michael Manley says a pickup truck remains a high priority but a Wrangler-based hauler is at least four years away. "It is too late in Wrangler's product cycle to add a pickup. The 2015 or 2016 time frame makes more sense," Manley said during an interview at the Frankfurt auto show.