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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.

Honda S660 concept stars at the Tokyo Motor Show 2013

Honda is calling the S660 a concept, but when company president Takanobu Ito took to the stage at the 2013 Tokyo Motor Show, one of the first things he did was confirm this exciting new small sports car – the spiritual successor to the Honda Beat – will be going into production in 2015. This is great news for Honda, and Ito-san acknowledged a next-generation small sports car has been long awaited by Honda fans, who’ve had little excitement to cheer about since the last Civic Type R and the S2000 roadster were stripped from the model line up. Please click the picture above to read more about the Honda S660 concept at the Tokyo Motor Show 2013

Jaguar readying SUV for Frankfurt motor show

While the next new Jaguar model slated for dealerships is a BMW 3-series fighter rumored to be called the XS, Autoweek sources have confirmed the company will also be showing an SUV at the Frankfurt motor show in September. Likely to be named XQ or Q-type, the Jaguar SUV is expected to ride on a version of the XS platform (itself a variation on the aluminum XJ architecture) rather than share a platform with a Land Rover product. Slated for 2016 production, the new Jaguar XQ SUV will share some powertrain technology with Land Rover, specifically the Ford I-4 engines from the Evoque.