Volkswagen News -- Porsche Says ''No''

There's big news Monday out of the auto world. Porsche has rejected a bid by Volkswagen's to take a 49 percent stake in the sports carmaker.  A Porsche spokesman said the offer by VW "is not a viable option." 

Volkswagen is in the process of building its newest U.S. auto manufacturing plant in Chattanooga. You can get all your VW news and updates here at Newschannel9.com.