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VW to buy Italdesign Giugiaro, sources say

Volkswagen 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.

Fiat 500 1957 Edition revealed ahead of LA Auto Show

While American teenagers were cruising around in finned interstate crushers, Europeans of all ages were discovering the wonder of automobile ownership thanks to the tiny, affordable Fiat Nuova 500, introduced to a car-hungry public in 1957. The little two-cylinder city car was a smash hit, with 3,893,294 built before production ended in 1975. Fiat 500 production resumed in 2007, but the new car was vastly different from the original: Its engine gained two cylinders and moved to the front of the car, while its footprint, though diminutive by American standards, positively dwarfs that of its predecessor.

College Exhibition: Hongik University Degree Show 2006

Senior transportation Design students at Korea's Hong-ik University presented their works in the School's Graduate Exhibition 2006 held in October. Running from March 4th to July 10th, the Renault-sponsored project with the theme 'My First Renault', gave the students a fairly open brief to design a personal vision of a Renault vehicle of the near future. The students also had a presentation with Patrick Le Quement, the Renault senior vice president, corporate design, Anthony Grade (vice president) and Jean-Marie Hurtiger, the executives of Renault-Samsung Motor's in their design center in Gi-heung, Korea in November.