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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.

Autoweek in review: What you may have missed

On Monday we woke to a recall involving the Ford Fusion and the Escape SUV for a problem with its 1.6-liter engine that could cause a fire. More than 80,000 vehicles were affected, and more bad news was to come. Auction house RM touted its car list for its January Arizona event, including some Italian and American racing history.

Cold Fusion: Has the Holy Grail of Energy arrived in E-Cat?

Scientists Andrea Rossi talks about his Cold Fusion E-Cat Cold Fusion – or low-energy nuclear reaction as scientists prefer to call it – has been the Holy Grail of energy production since it was first mooted in the 1920s by Austrian scientists Paneth and Peters. Essentially, cold fusion is a low energy, contained nuclear reaction which doesn’t use fossil fuels and produces no radiation. The problem is that the laws of thermodynamics say Cold Fusion is impossible.