Axxess Gmos-01 Interface For Gm 2000-2010 Vehicles Open Box Best Buy 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.

Lamborghini 50th Anniversary Car: The tease begins – sort of (video)

With the promise of a new car to celebrate 50 years, Lamborghini is ramping up interest in its half century anniversary with a history and tease video. With 2013 seeing the 50th Anniversary of Lamborghini’s arrival as a maker of supercars, we have the promise of a new car to celebrate the occasion. Last month Lamborghini boss, Stephan Winkelmann, confirmed that Sant’Agata would be rolling out a new car to celebrate the 50th anniversary, but what we don’t yet know is what that new model will be.

Audi A5 Sportback

Audi has officially revealed the Sportback, adding yet another model to the A5 range. Blurring the line between a sedan, a coupe and a conventional wagon, the emotional, progressive design measures 4711mm long and 1854mm wide, yet stands only 1391mm high (12mm shorter than a Mercedes CLS). With front and rear ends characterized by horizontal lines, the automaker's characteristic proportions are evident when viewed in profile.