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Volkswagen to take full control of Porsche
Thu, 05 Jul 2012Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.
Porsche Panamera
Mon, 24 Nov 2008Porsche today revealed the first official photos of its new four-door grand touring sports car, roughly nine months before its scheduled market launch. Joining the 911, Boxster and Cayman sports cars as well as the sporty Cayenne SUV, the Panamera is Porsche's fourth model series. The designers of the Panamera sought to position their latest offering as a brand-new and truly different model while retaining the defining Porsche look.
Audi e-Tron launch now in 2012 – Torque figures rubbished
Sun, 06 Dec 2009The Audi e-Tron at the LA Auto Show Audi’s electric R8 – the Audi e-Tron – was unveiled at the Frankfurt Motor Show this year and has just had its US debut at the Los Angeles Motor Show. Dubbed the Electric R8 it is in fact a stand alone car that happens to have styling similarities to Audi’s Supercar R8, but there the similarity ends. The e-Tron – which took a little of the glory off BMW’s Vision ED Concept - boasts four electric motors – one at each wheel – which produce the equivalent of 313bhp.



