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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.

The Porsche Le Mans legends - the cars and men in pictures

By Ben Pulman Motoring Issues 14 June 2014 16:11 Between 1970 and 1998 Porsche won Le Mans 16 times. As Porsche returns to La Sarthe this weekend for the famous Le Mans 24 hours, we look back at the most famous cars, race directors and drivers who helped create the Porsche legend. We interviewed the team's most famous drivers and engineers ahead of Le Mans in the June 2014 issue of CAR magazine.

Is Jaguar Land Rover about to get in to bed with Chery Automobile in China?

Jaguar Land Rover to partner with Chery Automobile Following on from yesterday’s report that Jaguar are upping the ante in India with plans to assemble the Jaguar XF and Range Rover Evoque in Tata’s back garden, we now hear that JLR has agreed a deal with Chery Automotive in China for a joint venture. We reported back in February that sources in China were saying that the most likely partner for Jaguar Land Rover would be Chery Automobile, and reports from China Daily say that things have moved on since February and JLR and Chery have now got as far as seeking government approval for a joint venture. When we had the news back in February about a possible JLR/Chery deal, we asked Jaguar about the reports.