Gmb 110-1070 Water Pump on 2040-parts.com

Volkswagen to take full control of Porsche

Volkswagen 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.

Mitsubishi revamps U.S. strategy

Mitsubishi plans a different U.S. model lineup and a new production strategy for its assembly plant in Normal, Ill., as it shifts emphasis away from regionally focused vehicles to global small cars, hybrids and electrics. Shinichi Kurihara, CEO of Mitsubishi Motors North America, says the company will launch four new models in the United States within three years, as four slow-selling U.S.-built vehicles are phased out of production by 2014.

VW announces Mk6 Golf prices

By Ben Pulman Motor Industry 20 October 2008 12:17 VW has released prices for the new Mk6 Golf, but while the new car was rushed into production to cut costs, none of these savings seem to have been passed onto the consumer – the base 1.4 S now starts at £13,150 – £870 more than the Mk5 entry-level Golf. Along with a 79bhp 1.4-litre petrol engine, an entry level S model comes with a decent level of equipment to help offset the price increase. As standard there's ABS, ESP, seven airbags, air-con, heated and electric mirrors, body-coloured bumpers and door handles, plus a CD/radio.