Automotive News | July 18, 2009 – 12:01 am EST
 
VW to pay $11.28 billion for all of Porsche, report says
 

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FRANKFURT (Reuters) — Porsche SE’s controlling families will agree on Thursday to accept an offer by Volkswagen to buy its sports car business Porsche AG for roughly 8 billion euros ($11.28 billion), Der Spiegel reported [...]

Battle to save Toyota’s unionized California plant
By Joe Szczesny (AFP) – 10 hours ago
DETROIT, Michigan — A battle is brewing to save the only automotive plant still operating on the west coast of the United States after General Motors pulled out of a joint operating venture with Toyota.
The Japanese automaker has not yet announced whether [...]