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Skoda Octavia vRS is just the thing for your pumped-up neighborhood

Skoda, oh Skoda. You're just so cool. Maybe it's the fact that it's a brand that we don't get in these United States, but Skoda's rebadged Volkswagens, in particular the new Octavia vRS shown here, are just different enough from the hum-drum VWs on our shores that the Czech brand seems strangely desirable. Maybe we're just craving forbidden fruit.
This short, minute-long spot covers the new vRS in a world of excess, where strollers ride on 26-inch wheels, lawnmowers feature V8 engines and ice cream cones are the size of toddlers. As things often go in these ads, the Octavia vRS draws the eyes of passerby that are seemingly use to things far more ridiculous than a reasonably priced Czech sedan. In reality, the Octavia should be fairly familiar to American buyers. It uses the same 2.0-liter, turbocharged four-pot found in the Volkswagen GTI and Jetta GLI, with 217 horsepower, and sits on the same platform as the Audi A3 and Volkswagen Golf. Take a look at the full spot, below.

Porsche board members facing another ˆ1.8B lawsuit over VW takeover bid

Back in 2008, Porsche got the bright idea that it could take over Volkswagen in the midst of the worst economic slump since the Great Depression. Ignoring that this was a catastrophic move for the Stuttgart sports car manufacturer that that eventually resulted in it nearly going bankrupt and eventually being taken over by the same company it sought to control, the aftermath has left Porsche Chairman Wolfgang Porsche and board member Ferdinand Piëch in the crosshairs of seven hedge funds that lost out during the takeover and are now seeking €1.8 billion - $2.43 billion US - in damages from the two execs, according to the BBC.
See, investors bet on Volkswagen's share price going down, partially because Porsche said it wasn't going to attempt a takeover. But Porsche was attempting to take over VW, having bought up nearly 75-percent of VW's publicly traded shares. When word broke that Porsche owned nearly three-quarters of VW (which indicated an imminent takeover attempt), rather than go down like the hedge funds bet it would, VW's share price skyrocketed to over 1,000 euros per share, according to Reuters.
Naturally, when you bet that a company's share price is going to drop and it in turn (temporarily) becomes the world's most valuable company, you lose a lot of money, unless you're able to buy up shares before prices jump too much. This led to a squeeze on the stock, which the hedge funds accuse Porsche and Piëch (who are both members of the Porsche family and supervisory board) of organizing.

Tanner Foust drifts in with new VW Passat [w/video]

Tanner Foust, like many drifting and rallycross names, may have had a long track record with Ford, campaigning Blue Oval drifters in Formula D, the X Games and the Global RallyCross Championship. He won a few medals with Nissan too. But these days he's all about the Volkswagens. He drives a Beetle in the aforementioned GRC, but is now set to return to Formula Drift with the Passat you see here. The Top Gear USA co-host's new ride is ostensibly based on the German sedan we all know, but instead of a 1.8 turbo, a V6, a TDI or even a W8, this one packs a 7.4-liter V8. That mammoth mill sends about 700 horsepower to the rear wheels through a four-speed transmission, but will churn out a good 900 hp on nitrous. In short, it should be better suited towards drifting than the Passat 4Motion this writer tried to slide so many times in his youth. The beast is sponsored once again by Rockstar Energy, and we're looking forward to watching Tanner use it to try and retake the titles he won in 2007 and 2008. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.