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Volkswagen to buy 42 percent of Porsche, full merger planned

Volkswagen will buy 42 percent of Porsche's sports-car business en route to a full merger by the end of 2011, the companies announced Thursday. VW will pay $4.7 billion for its initial stake in Porsche. It positions the new company to have 10 brands and global sales of 6.4 million, and Volkswagen CEO Martin Winterkorn is likely to lead the entity.

Goodwood Revival Sold Out – but there’s a few ‘Turn up & Hope’ tickets left for tomorrow

Goodwood Revival 2011 Sold Out We always say the Goodwood Festival of Speed is just about the best event of the year; diverse, interesting and fun – even for the non-petrolhead. But the Goodwood Revival – which starts tomorrow and goes on over the weekend – is a really fun motoring nostalgia-fest of fun and frolics, costumes and stalls, cars and racing. And on-petrolheads love it even more than the FoS.

Volvo’s new engine range revealed – and there’s just 2 of ‘em!

Volvo Drive-E Engines – and there’s just two of them. It’s a bit hard to get your head round the idea that a major car maker could offer the option of just two engines across its entire range. But that’s exactly what Volvo are doing.