Boaters Resale Shop Of Tx 1309 0101.21 Large Windlass Assembly With No Motor on 2040-parts.com

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.

China to boost electric cars with 30% Government EV fleet

The BYD E6 EV (pictured) will benefit from China’s push on EVs The UK government has just announced its commitment to use electric cars for its own vehicles in an effort to boost the take-up of EVs, but China is going even further. China has ordered government officials to start buying electric cars (that means BEVs, plug-in hybrids and hydrogen fuel cell cars) in a big way, with instructions that 30 per cent of government cars must fall in to the ‘New Energy’ category by 2017, and an even higher percentage going forward. The aim is to cut pollution, and China expects to have 5 million New Energy cars on the road by 2020 and it is urging it government agencies and some city governments to start buying New Energy vehicles from Chinese makers like BYD and SDAIC, but also instructing them to build more charging stations and supporting infrastructure.

Nismo enters a new era

Nissan made Nismo its exclusive performance car and motorsports brand at its new global headquarters in Yokohama, Japan. CEO Carlos Ghosn declared the building open at a ribbon-cutting ceremony on Monday. Even though Nismo has been tuning cars for Nissan for almost 50 years, its first true production car didn't hit the streets until the Nissan Skyline 2000GT.