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Rumormill: Mercedes preparing to buy out McLaren

click above to view more high-res pics of the Mercedes SLR McLaren Roadster No comment. That's what the Mercedes-Benz communications office had to say in response to rumors that the company is preparing to take over McLaren, the racing team and engineering firm of which Daimler already owns 40%. The report comes from Auto Motor und Sport and suggests not only that Mercedes is considering a buy-out of McLaren, but that the deal has essentially already been hammered out. The remaining 60% is shared by team principal Ron Dennis and his Saudi ... Read more →

Porsche doesn't plan to take over VW... yet Noah Joseph

The latest in Porsche-Volkswagen relations is that the sports car maker has contingencies in place to raise its stake in the VW Group, but at this point is not planning an outright takeover. As you ...

Does BMW want more babies? Noah Joseph

BMW is expected to release its new corporate strategy later this year, and when it does, it might include expanding to swallow up some more brands. What those brands might be has not been revealed, ...

Dennis Publishing acquires Octane magazine Noah Joseph

In the ongoing struggle between magazines and websites, it should be immediately clear to anyone where we stand. With websites like ours getting constantly updated as the news emerges, magazines are ...

Lotus going Dutch? Spyker mulls acquisition Noah Joseph

Poor Lotus is the orphan child of the automotive industry. The small British sportscar maker has bounced around owners so often, it would make your head spin trying to connect the dots. After company ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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