1985 Honda 350x 3 Wheeler Motor Side Cover on 2040-parts.com

Volkswagen says Italdesign purchase will boost its growth strategy

Volkswagen 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.

Pagani Huayra: Geneva 2012

Pagani Huayra Geneva 2012 Horacio Pagani brought along a white Huayra and an all carbon special edition Pagani Huayra to Geneva. We’ve moaned that Pagani isn’t being completely straight with the progress of the Huayra to market and, it seems, less than willing to address many of the concerns – even from those who’ve ordered the Huayra. Still, Geneva is a motor show and supercars are the stars of motor shows, none more so than the Pagani Huayra.

Tesla ‘drops’ entry-level Model S. But was it ever going to be available?

The 40kWh version of the Tesla Model S is being dropped by Tesla in the US, but we do wonder if Tesla ever had any intention of delivering it in the first place. Tesla’s big claim ahead of the arrival of the, very impressive, Model S – and a seemingly vital part of the US taxpayer funding Tesla to develop the Model S – was that they would deliver a car that cost under $50k, something the car industry thought impossible. But when the Model S was launched, Tesla did indeed have an entry-level model available with a 4okWh battery that was listed at $58,750 (taking it almost down to the $50k mark after the US taxpayer chipped in the EV bribe) so Elon Musk could, quite reasonably, claim Tesla had delivered.