VW tuning specialist ABT has introduced a new sport package for the diesel-powered Touareg 3.0 TDI. Starting with the Power S engine kit, the 3.0-liter V6 unit’s output rises from 225 hp to 300 hp. The tweaked Touareg goes from 0 to 62 mph in 8.2 sec, while its top speed is 133 mph. The German tuner has also equipped the Touareg with a sports suspension and ABT sports brake system, which provides appropriate brake force thanks to a disc diameter of 380mm and six-piston calipers.

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Detroit news has reported the supervisory board of Volkswagen Group just gave approval for Porsche AG to take a majority stake in the people’s automaker. Porsche currently owns 31% of Volkswagen, and this move will ultimately increase that share to 51%. The increase in ownership is estimated to cost Porsche upwards of $20 billion, although the financial deets have not yet been released. Porsche is saying that owning a majority stake in VW will not result in the two companies combining, creating a German mega-automaker of biblical proportions. Don’t expect things to change overnight for either company, as transactions like these generally take months to complete, if not years.

This move wasn’t unexpected, either. Porsche has slowly been increasing its interest in VW over the past several years as we reported in June 2006, April 2007 and again in June 2007. Recent announcements that Porsche may use Volkswagen diesel powerplants in its Cayenne SUV now seem even more likely, and exchanges of technology, components and production capacity between the two are likely to increase.

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