03-08 Toyota Corolla Front Grille Emblem Logo Badge Symbol Sign Grill Oem on 2040-parts.com

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.

Hyundai lures Toyota's Michael O'Brien to head U.S. product planning

Hyundai named Michael O'Brien vice president of product and corporate planning--an influential position that has been vacant since John Krafcik became CEO in late 2008, the company announced on Tuesday. O'Brien, 55, spent the last 14 years at Toyota Motor Corp.'s U.S. sales division as a manager within the corporate planning division.

American Elegance: Duesenbergs and drag cars return for concours at Meadow Brook

Cackling and rumbling, roaring and growling, the pair of vintage drag racers rolls onto the brick courtyard--a silver 1965 Dodge Coronet and a gaudy orange '66 “Gas Ronda” Mustang. They're two of the headliners at this year's Concours d'Elegance of America at Meadow Brook. They were followed moments later by a Bugatti Veyron, which almost silently slipped into view, thanks to the clandestine output of its 1,001 hp.