(July 5, 2012) Volkswagen will buy the 50.1 percent stake in Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.6 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. VW was able to proceed with the transaction after reaching an agreement with German tax authorities, it said.

(July 4, 2012) The 10th anniversary of Mini's arrival in the USA has triggered some very special celebrations in the most important sales market for the British premium small car brand. The highlight of this landmark year is an event experienced best at the wheel of a Mini, and whose slogan, “Let’s Motor,” sums up how the brand has taken the U.S. car market by storm over the past decade. The Mini community embarked upon the Mini TAKES THE STATES coast-to-coast rally today in New York.

(July 4, 2012) AUBURN HILLS, Mich. — Chrysler Group’s Street and Racing Technology (SRT) brand is hitting the road with its second annual “SRT Tour” featuring the entire 2012 vehicle lineup–including the 2012 Chrysler 300 SRT8, Dodge Challenger SRT8 392, Dodge Charger SRT8 and Jeep Grand Cherokee SRT8–visiting more than 30 locations over the next three months.

(July 3, 2012) Volvo Cars North America has agreed to pay $1.5 million in civil penalties in response to the National Highway Traffic Safety Administration's assertion that the automaker failed to report safety defects and noncompliances to the federal government in a timely manner.

The National Traffic and Motor Vehicle Safety Act requires all auto manufacturers notify NHTSA within five business days of determining that a safety defect exists or that the manufacturer is not in compliance with federal motor vehicle safety standards — and to promptly conduct a recall.