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VW to buy Italdesign Giugiaro, sources say
Wed, 19 May 2010Volkswagen 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.
Ford ECOnetic Vans launched
Thu, 23 Apr 2009The Ford Transit ECOnetic brings green option for White Van Man. [ad#ad-1] The whole ‘Green’ thing is now finding its way in to mainstream commercial vehicles (which is a very good place for it to be), and that move is now given huge impetus by Ford, with their announcement today that they are launching ECOnetic versions of both the Transit and the Fiesta Van. We wrote about the Fiesta Van a while ago when Ford announced the Fiesta SportVan, and said then what a great little van it was.
U.S. seeks 5 percent annual fuel-economy gains through 2016
Tue, 15 Sep 2009The Obama administration today proposed gasoline mileage and greenhouse-gas pollution standards for new vehicles for model years 2012 to 2015, filling in the blanks for manufacturers en route to a 35.5 mpg national target in 2016. The Transportation Department and EPA proposal calls for fuel economy to increase by about 5 percent each year, starting from an average of 27.3 mpg for the 2011 model year, the agencies said in a statement. The average car buyer would save more than $3,000 in fuel costs over the life of a vehicle, the statement said.