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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.

Audi TT RS plus costs from £48,945

Audi TT RS Plus costs from £49k With the Audi TT RS Plus order book about to open in the UK, Audi reveals it will costs from £48,945 for the manual coupe. Audi revealed the TT RS Plus back in February – ahead of a debut at the Geneva Motor Show in March – as a new range-topping model to sit above the existing TT RS. The TT RS Plus gets pretty much the same performance and power levels as the US version of the TT RS, but Audi has positioned the RS Plus at the top of the range in the UK and Europe as a more hard-core version of the regular RS.

Renault turn central London in to a full-size Scalextric for the Zoe EV (video)

The Renault Zoe Scalextric cars turn on to the Embankment Even those who have never driven an electric car probably have if we count childhood exploits with Scalextric; hand-grip controllers clenched in hand seeing how fast you can go before your car tips off in a bend. So Renault decided it would be a good idea to create a full-size Scalextric track in central London, modify a pair of Renault Zoe EVs to slot in to the newly fabricated track and blat the cars round the 1.9 mile track in London controlled by competition winners from a helicopter hovering overhead. The race sees the two Zoes go head-to-head on the Scalextric track, starting out on the South Bank by the London Eye, over Westminster Bridge, past the Houses of Parliament, down the Embankment, up The Strand, over Waterloo Bridge, round the IMAX and finishing alongside the Thames at the finish line.