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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.

The anti-drink-drive car

By Tim Pollard Motor Industry 03 August 2007 02:25 Nissan today unveiled its answer to drink-driving: the car that monitors the driver's alcohol level before every journey and stops you if you're about to break the law. Boffins at the Japanese firm have equipped a domestic market Fuga with monitoring equipment that can spot if a driver has been boozing. It's so sophisticated, engineers claim it can differentiate between perfume (which often contains alcohol) and tell if it's the driver or the passengers that have been drinking.

BMW to supply engines to Saab, reports say

Saab and BMW AG have agreed on a deal that allows the Swedish carmaker to use engines made by BMW, according to a person with direct knowledge of the matter. Saab will initially purchase BMW engines for the 9-3 model that is scheduled for release in late 2012, said the person, who asked not to be identified before a contract is signed. The carmakers plan to sign and announce the pact in Trollhattan, Sweden, on Wednesday, the person said.