80 Pc. Copper Washer Assortment on 2040-parts.com

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.

Peugeot 5008 (2009): the first official photos

By Peter Adams First Official Pictures 02 June 2009 13:03 Take a look at these first photos of Peugeot’s new MPV. Do they remind you of the old Peugeot 505? Apparently they should, because Peugeot is reintroducing a new ‘5’ model, the 5008.

New BMW X3 (2011) M Sport Package

The BMW X3 2011 M Sport Package It’s only just over a week since BMW revealed the 2011 BMW X3, an evolutionary makeover for BMW’s middle ranking SAV. And now we get – although not officially from BMW yet – the M Sport Package for the latest X3. The M Sport Package does butch the X3 up a fair bit with new bumpers, body-coloured aprons front and back together with new skirts and wheel arches.