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VW to buy Italdesign Giugiaro, sources say

Volkswagen AG will buy a controlling stake in Italy's largest design and engineering firm, Italdesign Giugiaro S.p.A., two industry sources confirmed to Automotive News Europe. One of the sources said that an announcement could come as early as next week. Italdesign and VW representatives declined to comment.

Infiniti G lineup anchored by smaller V6

Infiniti is adding a smaller V6 to its G sedan for the 2011 model year. The G25 sedan becomes the base model for the G line, which includes a coupe and a convertible. The G25 goes on sale in September with a base price of $31,825, including an $875 destination charge.

Audi to hold Urban Future Summit

Aiming to further the thinking initiated at the inaugural Urban Future Awards last year, 2011 will see Audi hold the Urban Future Summit on September 12 in Frankfurt, just prior to the start of the 64th international motor show. The symposium will feature presentations from internationally renowned speakers on the future of individual mobility in megacities, with participants from all over the world. The goal of the summit is to ‘build knowledge networks', focusing on the subject of "Energies - what forces will change the cities of the future?" Expert speakers such as Saskia Sassen, Carlo Ratti, Ludger Hovestadt and Charles Leadbeater will be among those who will discuss how mobility and the urban space must develop to meet the demands of future cities.