Auto News 5

Porsche's PCM 3.0 communications system has been hailed as 'exceptionally user friendly' and given an award for its design, development and ease of use. PCM 3.0 is the central control unit for all audio, navigation and communications functions in the German automakers vehicle lineup. It's just won the USE-WARE Award from VDI/VDE-Gesellschaft Mess-und Automatisierungstechnik, in recognition for providing owners with simple, quick access to functions that keep them on course, entertained and in touch. Read more ...

Sweden's Financial Supervisory Authority has said Porsche would be required under that country's takeover rules to make an offer for Scania if it raised its stake in Volkswagen above 50%. Read more ...

First images of new coupe – and Boxster drop-top – surface on the internet. Read more ...

Volkswagen shares nearly halved in early trading on Wednesday after main shareholder Porsche moved to ease a squeeze on short sellers that more than quadrupled the stock in days. Read more ...

Volkswagen shares nearly halved in early trading on Wednesday after main shareholder Porsche moved to ease a squeeze on short sellers that more than quadrupled the stock in days. Read more ...

Shares in carmaker Volkswagen nearly halved on Wednesday after main shareholder Porsche took steps to ease a squeeze on shortsellers that more than quadrupled the stock in days. Read more ...

Volkswagen's share price tripled on Monday as short sellers piled into the stock to sew up their speculative positions on news Porsche had bought up nearly all VW's remaining free float. Read more ...

Porsche plans to own 75% of the shares in Volkswagen in 2009 "paving the way to a domination agreement" according to a company statement. Read more ...

Porsche plans to gain control of more than 75 percent of Volkswagen in order to pass a domination and profit transfer agreement that would grant it full control of VW's cash flows, Porsche said on Sunday. Read more ...

Porsche said on Friday that Volkswagen Chairman Ferdinand Piech would fully back its plans to integrate VW more closely into its European holding. Read more ...

Computer-generated image from German tuning firm Roock shows latest shot of Panamera and it has familiar Porsche cues and 911 Turbo wheels. Read more ...

Volkswagen Chairman Ferdinand Piech expects the takeover by Porsche to move ahead smoothly and played down any differences in his extended family that owns Porsche. Read more ...

Porsche Automobil Holding, the holding company for automakers Porsche and Volkswagen, is warming to the idea of adding VW executives to its management board. Read more ...

Joseph Hamilton was told Porsche Cayman needed four new tyres when only one was faulty. Read more ...

Porsche has created a new subsidiary Porsche Central and Eastern Europe based in Prague, Czech Republic, "better able to meet the special demands of central and eastern European countries in the future". Read more ...

Porsche chief executive Wendelin Wiedeking has said that profits this year should be better than might be expected. "The net result will be as forecast but our shareholders will once again be happy all round," said Wiedeking, speaking at a conference yesterday. Read more ...

This week, we reviewed the following vehicles for you: the Pontiac G8, the latest big, American sedan straight from Down Under - the 4-cylinder Toyota RAV4, an economic, fuel efficient vehicle that's perfect for a small family and its gear, and that can even handle challenging terrain - and the 2009 versions of the Porsche 911 Carrera and the Carrera S, true devils of the road. Read more ...

Park City, Utah - Anyone who has ever sat behind the wheel of a Porsche 911 will feel a shiver of excitement anytime they hear its name. And when people do get to turn the key and make the boxer engine roar, that little shiver becomes a huge storm. Read more ...

The IndyCar series had invited a number of engine suppliers, along with current supplier Honda, to work on developing a four cylinders- inline - turbocharged engine for the series to be used starting in 2011. Read more ...

The IndyCar series had invited a number of engine suppliers, along with current supplier Honda, to work on developing a four cylinders- inline - turbocharged engine for the series to be used starting in 2011. Read more ...