1966 Chevelle Rear Bumper Brackets 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.

Are BMW really trying to buy De Tomaso?

Reports from Italy say that BMW is in talks to buy De Tomaso, the perpetually failed maker of supercars. It’s long been rumoured that BMW has an interest in acquiring De Tomaso to give it a proper supercar brand to rival the offerings from the VW group. But, despite many opportunities to do so, BMW has never made the move.

BMW Vision Gran Turismo: Coming soon to a console near you

BMW's Vision Gran Turismo will be hitting TV screens across the world on 6 December as it joins the growing list of cars featured in the next Gran Turismo racing sim game for PlayStation. The sports coupé was created using cues from BMW's racing experience while the aerodynamic elements were developed using the carmaker's knowledge from the racetrack. It looks like the lovechild of a 6-Series and one of automotive futurist Daniel Simon's creations – in a good way.