(Bloomberg) — Porsche SE was sued by Viking Global Investors over claims the automaker’s attempted takeover of Volkswagen AG was an illegal stock fraud scheme that cost the hedge fund at least $390 million.
Chrysler, the recently bankrupt automaker that accepted billions in government aid last year, is reportedly next in line to receive new technology loans from the U.S. Department of Energy. The federal funds are meant to be used for retooling factories, making the way for production of more fuel efficient vehicles.
Read a review of the 2011 Chevy Volt here.
James Bond never could resist sleek curves and a good-looking rear view, especially when the owner is armed with lethal gadgets and a taste for speed — like the Aston Martin DB5. The one-of-a-kind 1964 silver sports car with special 007 modifications became the quintessential Bond car when Sean Connery got behind the wheel in 60s Bond classics “Goldfinger” and “Thunderball.”