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Audi plans expansion of hybrids, electrics

Audi plans a rapid expansion of plug-in hybrid and electric vehicles over the next few years as a key component in Volkswagen Group's strategy to dominate the alternative-powertrain market by decade's end. Michael Dick, Audi's board member for technical development, told Automotive News that the next-generation A6 sedan will have the potential to be a full hybrid by the end of 2012. The A6 would join the recently introduced hybrid A8 sedan at the Geneva auto show and the soon-to-be-launched Q5 hybrid crossover.

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.

Peugeot RC Z will be built

By Ben Pulman Motor Industry 24 April 2008 12:50 The Peugeot RC Z has been confirmed for production. After claims about gauging public reaction, and teasing us with drives in a concept car that felt production-ready, the French manufacturer has done the decent thing and decided to build the RC Z. The production model will be shown at the 2009 Frankfurt show, two years after the concept was first unveiled.