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VW to announce Italdesign takeover on Tuesday
Mon, 24 May 2010Volkswagen will announce Tuesday that it will take a 90 percent stake in Italdesign Giugiaro S.p.A, people familiar with the matter told Automotive News Europe. The Giugiaro family will retain 10 percent in the Italian design house that is famous for styling cars such as the first-generation VW Golf. VW plans to acquire control of Italdesign to help reach its goal of becoming the world's largest automaker by 2018 with sales of 10 million vehicles a year.
Mazda launches amazing MX-5 CC
Mon, 07 Aug 2006By Chris Chilton Motor Industry 07 August 2006 07:08 Mazda is claiming the world's first no compromises coupe-convertible, with its MX-5 Roadster-coupe. Traditionally, folding tin-tops keep out thieves but steal luggage space. They boost refinement, but make handling less tidy.
Renault-Nissan and Mitsubishi to join forces
Tue, 05 Nov 2013MITSUBISHI and the existing Renault-Nissan alliance are set to work together on a series of new cars. Discussions aren’t finished but as part of the deal Mitsubishi will get hold of a Renault chassis large enough to use as a base a full-size saloon for the North American market. The firms will also further develop an electric version of a Japan-only ‘kei car’.