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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 Q7 gets a facelift

But it’s been three years since we were first introduced to the Q7 (at the Los Angeles Motor Show in 2006) so Audi has decided the Q7 needed a little facelift. There have been a few spy shots around recently showing a slightly changed Q7, so we knew it was coming. But, like all the best facelifts, it’s barely perceptible.

Chevrolet to show small SUV at Paris

Chevrolet will debut the Trax, a small sport-utility vehicle, at the Paris motor show in September. The Trax uses General Motors' global small platform, shared by vehicles such as the Chevrolet Sonic. The Trax has seating for five people.