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Volkswagen says Italdesign purchase will boost its growth strategy
Tue, 25 May 2010Volkswagen AG will acquire a 90 percent stake in Italdesign Giugiaro S.p.A., VW said Tuesday. The Giugiaro family will retain 10 percent in the 42-year-old automotive styling company that is famous for designing cars such as the first-generation Volkswagen Golf. VW CEO Martin Winterkorn said Italdesign will make an important contribution to the automaker's 2018 global growth strategy.
2011 Buick Regal to start at $26,995
Thu, 21 Jan 2010The 2011 Buick Regal will start at $26,995 for the CXL model when it goes on sale in the spring. The base car is powered by a 2.4-liter four-cylinder engine that makes 182 hp. For a bit more power--and fun--enthusiasts can upgrade to the turbo model, which starts at $29,495.
Lexus launches own Design Award contest
Tue, 30 Oct 2012The first Lexus Design Award has been launched that gives the next generation of designers the chance of seeing their work showcased at next year's Milan Design Week. The theme of this global competition is ‘Motion', with Lexus looking for designs that respond to issues in daily life that relate to ‘Motion' as well as providing solutions. Two of the ten award winners will then develop prototypes with a renowned designer – either Sam Hecht or Junya Ishigami – acting as their mentor.