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Cars

Ford, Chrysler and GMC are all being bailed out by the US treasury. Jaguar has just put its hand up and is asking for help and then this....yesterday Porsche officially became a hedge fund that also makes luxury sports cars. Spectacularly bucking the market trend, Porsche announced profits of 8.569 billion euros, 6.834 billion of which were as a direct result of trading shares in the Volkswagen Group....far exceeding the profits they actually make from building sports cars.

p.s. rumours are there's going to be a Porsche 911e in 2010. The e stands for electric. Yup, Tesla watch out. We'll be putting them both in the next Eco Vehicles Top Trumps. Watch this space.

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