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Porsche finally becomes a VW company

Volkswagen has announced it is to finalise its takeover of Porsche by buying the remaining 50.1 per cent of Porsche stock for €4.46 billion. The takeover of Porsche by VW has been a long and rocky road, but then family fallouts are always messy. It all started with Porsche attempting to consume VW, but some clever manoeuvring by Ferdinand Piech thwarted the efforts of his cousin, Wolfgang Porsche, to swallow up his business and the financial crisis saw Porsche rack up €10 billion in debt in the process.

Nissan GT-R's UK competition debut

By Ben Barry First Official Pictures 04 July 2008 14:19 The new R35 Nissan GT-R makes its British competitive debut at Oulton Park on Saturday July 5. The car, a personal import brought in from Japan by UK tuning firm RC Developments, will be entered in stock trim in the clubman category of the Time Attack series. The series pits an eclectic Gran Turismo grid of cars against the clock – rather than directly against each other – to set the fastest lap time.

Toyota’s production hydrogen car will be the Toyota Mirai

It looks like this is the Toyota Mirai Toyota are planning to join what looks set to be a bit of a rush by car makers to introduce mainstream hydrogen fuel cell cars with a production version of the Toyota FCV Concept. That production FCV was from Toyota revealed in June, but it didn’t have a name. But it seems, at least according to a report from Bloomberg, that it will be the Toyota Mirai.