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Inside the Lexus LFA Centre of Excellence

Inside the Lexus LFA Centre of Excellence The Lexus LFA is like no other Lexus – and, in many ways, unlike any other supercar – so Lexus make sure the 38 LFAs in Europe get the specialist care they need. Lexus has established a Centre of Excellence for the LFA in Cologne where a team of LFA experts make sure that every LFA in the UK and Europe gets treated just like a Le Mans car when it comes in for servicing. That means removing body panels to get access to the suspension, steering and subframe, every nut and bolt double checked, fingertip inspection of the discs and pads, x-rays to check for wear and detailed inspection of the CFRP bodyshell as well as normal stuff like oil and filter changes.

What does owning a car really cost you?

Not many things are more terrifying than looking at your bank statement every month to see how badly you blew it. But aside from the day-to-day expenses, ever wonder where exactly all of your money is going? Our friends at The Wall Street Journal's MarketWatch site say that AAA's annual report on driving costs for 2013 suggest that it's your car sucking the life out of your bank account.

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.