Porsche’s takeover of Volkswagen is not going very smoothly. What was once established as friendly move to secure the independence of two companies is now redefining the meaning of hostile takeover. Sitting in the middle of this feud is Ferdinand Piech, chairman of Volkswagen’s supervisory board and a major shareholder in Porsche. As far as […]

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After unveiling the sixth generation Golf, Volkswagen also announced there will also be three sporty versions.
First there will be the GTI version that will be revealed at the Paris Auto Show. It will deliver 210 hp and will go on sale before mid-year 2009 with prices starting at 26,400 euros (or about $38,150 at current […]

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Porsche’s saga to gain control of Volkswagen continues to hit speed bumps. This latest round brings in the accountants and lawyers. As Porsche is trying to combine itself and VW into a new company called Porsche Automobil Holding, accountants need to look at Volkswagen’s assets to value the company. Now, some Volkswagen employees are accusing […]

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Volkswagen announced that its one-liter car, capable of one litre per 100km, will be launched as a limited edition in 2010. The car was revealed as a prototype in 2002.
The production is possible as the cost of the carbonfibre monocoque dropped from €35,000 (£28,000) to €5000 (£4000).

The car will be powered by a new two-cylinder […]

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