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VW to announce Italdesign takeover on Tuesday

Volkswagen 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.

Autoweek in review: Ferrari teases supercar, Mini flips out and the 2013 Porsche Panamera GTS

While many of us spent Monday honoring our favorite presidents (still Taft, Van Buren and R.B. Hayes), Ferrari teased us with shots of its Enzo successor and gave us some pricing details. By now you should have saved at least 20 bucks toward that $1.3 million.

VW BlueSport Concept moves nearer to reality

We reported last week on the VW BlueSport Concept, a relatively economical 2 seat roadster, which VW unveiled at the Detroit Motor Show. We said then that if we were VW we’d be pressing the start button as soon as possible, and reports seem to indicate that that is exactly what VW are hoping to do. The secret to the success of the BlueSport will be the ability of the VW Group as a whole to find three platforms within its setup that can produce viable models based on the BlueSport Concept.