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Volkswagen to take full control of Porsche

Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.

New Mustang hits the silver screen

THE ALL-NEW Ford Mustang is following is ancestors onto the silver screen when it makes it film debut in Need for Speed, which is out on 14 March. Starring Aaron Paul, the film uses a bright red Mustang Fastback. The film’s director, Scott Waugh, said: ‘I chose the Mustang because it is a car that represents American culture and modern muscle cars.

Concept Car of the Week: Saab 9X (2001)

With a glorious heritage, a strong and understated design philosophy combined with a focus on technology and innovation, it is sad to have witnessed how GM's questionable management led to Saab being completely wiped off the map in just a decade. The vision of what this iconic brand could have been still haunts many car enthusiasts around the globe. The 9X concept is, along with the AeroX, one the most exciting concepts produced by the Swedish manufacturer.