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Autoweek in review: What you might have missed

It's been a busy week in the automotive world, so let Autoweek get you up to speed with the latest news. Acura released pricing for its new ILX sedan. The base price of $26,795 includes the $895 destination charge.

PG Elektrus looking for the Tesla Roadster market

PG Elektrus aims to take over from the Tesla Roadster German manufacturer PG and designer Michael Fröhlich have created the PG Elektrus, a Lotus Elise with an electric motor. With production of the Tesla Roadster now at an end, where will the millions thousands hundreds handful of car buyers round the world looking for an electric Lotus Elise for three times the money of the donor car look for gratification? Step up the PG Elektrus.

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.