VW Group

(Newser) - Porsche has announced it will merge with Volkswagen after weeks of negotiation between the two German carmakers, reports the BBC. The deal puts an end to Porsche's efforts to take over VW. Porsche already owns a majority stake in the company. While details of the merger remain unclear, VW's individual...

(Newser) - French automaker Bugatti is betting its business on the fact that 300 people in the world will want to pony up $1.7 million each for its new car, the Veyron. The automobile, which boasts a top speed of 253 mph, has cost VW Group more than half a billion...