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Porsche to take majority stake in VW for £7bn

By Ben Whitworth Motor Industry 07 March 2008 11:26 Porsche is about to become the majority shareholder in Volkswagen. The sportscar maker has been given the green light to purchase further stock in VW, taking its share past the 50 percent mark to give it a controlling interest. As soon as various legal checks have been cleared, Porsche plans to purchase a further 20 percent of VW stock – it already owns 31 percent - at an estimated cost of around £7 billion.

Jaguar Mark 2 by Ian Callum revealed (video)

Ian Callum and his ‘new’ Jaguar Mark 2 More than a year ago we reported that Jaguar designer Ian Callum was working with Classic Motor Cars (CMC) to redesign and recreate the perfect Jaguar MK II. And now it’s finished. The finished car has been revealed at the official opening of CMC’s new HQ in Shropshire, and although the updates Callum has made to the Mark 2 may not be to everyone’s taste, they are impressive and the car does look glorious.

When Breaking Bad met Top Gear: Aaron Paul and The Stig join forces

We’re pretty sure the last thing we’d want to do is let Jesse Pinkman loose on a racing circuit – but since we are in fact capable of separating reality from even a hugely popular TV programme, these pictures of Aaron Paul taking on Top Gear’s Reasonably Priced car aren’t about to make us go cold turkey. Please click the image above to read more about Aaron Paul's visit to the Top Gear test track