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Volkswagen to buy Italdesign-Giugiaro

Italdesign-Giugiaro S.p.A could soon become another group under the Volkswagen AG umbrella, according to Automotive News Europe. The industry publication cites two sources that claim the German company is set to buy a controlling stake in Italy's largest design and engineering firm, a deal which could be clinched as early as next week. Founded by Giorgetto Giugiaro and Aldo Mantovani in 1968, Italdesign-Giugiaro currently has 975 employees and 800 CAD workstations.

BMW 5-series is in line for the company's new triturbo diesel engine

Details leaked from a dealer conference held in Holland this week suggest that BMW's upcoming 550dX will be the first recipient of the German carmaker's new high-tech triturbo 3.0-liter inline six-cylinder diesel engine. The new engine, which also is destined for the new X5 xDrive50d and X6 xDrive50d models, is claimed to produce 376 hp and more than 516 lb-ft of torque--some 70 hp and more than 74 lb-ft more than the most powerful version of BMW's existing twin-turbocharged 3.0-liter inline six-cylinder diesel engine, as found in the X5 xDrive40d. The radical new engine, which is rumored to use two traditional exhaust-blown turbochargers in combination with an electrically driven turbocharger to add low-end response, is planned to be offered exclusively with an eight-speed automatic gearbox and four-wheel drive.

BMW 335iS (2011) – Not for the UK

The BMW 335iS Convertible - only for North America We’ve just had the reveal of the 2010 updates for the 3 Series Coupe and Convertible. And now comes news of a new high-end 3-Series – the BMW 335iS – which will bridge the gap between the M3 and the 335i. But BMW are only planning on selling the car in North America – at least for now.