Yokohama Spare Tubeless T125/70d16 96m on 2040-parts.com

Porsche to take majority stake in VW for £7bn

By Ben Whitworth Motor Industry 07 March 2008 11:26 Porsche is about to become the majority shareholder in Volkswagen. The sportscar maker has been given the green light to purchase further stock in VW, taking its share past the 50 percent mark to give it a controlling interest. As soon as various legal checks have been cleared, Porsche plans to purchase a further 20 percent of VW stock – it already owns 31 percent - at an estimated cost of around £7 billion.

Kia Borrego

Kia has released photos of the Borrego, a full-size SUV for the North American market. The production model, which was originally previewed as the Mesa Concept at the 2005 Detroit Auto show, would have taken exactly three years to be transformed from a show car to a full production model when it makes its official debut at the NAIAS in 2008. Overall proportions and design details have been adjusted and toned-down noticeably from the Mesa concept, with details such as more realistically-sized alloy wheels, the body-To-DLO ratio, a no-frills interior and, perhaps most apparent, the more subtle greenhouse graphics.

Hyundai Veloster Turbo confirmed for UK

Hyundai Veloster Turbo confirmed for the UK Just the other day – ahead of the SEMA show – Hyundai’s US boss confirmed that the new Veloster will be coming as more than just a pedestrian coupe, with plans to launch the Hyundai Veloster Turbo in to the US. Hyundai UK were unable to confirm the UK would get the Velsoter Turbo at the time, but hot on the heels of the news overnight that Hyundai will take the Velsoter Turbo in Australia, we’ve had an email confirming the UK too will see the turbo version of the Velsoter on offer when it hits the UK in 2012. Which changes the whole game for Hyundai in the UK.