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VW take control at Italdesign Giugiaro through Lamborghini.

Maserati Merak - by Giugiaro Perhaps it makes sense politically for an Italian company to takeover another, but the outcome is the same – VW has taken a majority stake in Italdesign Giugiaro – 90.1% – through its Italian subsidiary Lamborghini Holdings S.p.A. Just as we expected. And there’s a lot of sense in this move by VW – even if they are going back on their stated intent to end the acquisitions – as there’s a strong history with Giugiaro.

Hummer bought by Sichuan Tengzhong

Hummer is to be bought by Chinese Company Sichuan Tengzhong Heavy Industrial Machinery. We’ve got used to quite a number of Chinese car companies lately. BYD have been in the news with their MOU with VW, and BYD has also hit the headlines with its new car battery technology for EVs and of course its 2.0 litre clone Porsche Cayenne.

AUCTION GOES BANANAS FOR CLASSIC VW

A VINTAGE 1950s Volkswagen Beetle owned by a pensioner will go under the hammer at an auction later this month. The classic car, which has picked up a number of awards, is expected to fetch around £9,000 when it appears alongside a selection of rare art and antiques in the McTear's Collectables sale in Glasgow on September 29. The 1953 Beetle, which is a 1200 Deluxe model, has been in the hands of 72-year-old Willie Black since 1966, the same year that VW gave it the Best Beetle in Britain accolade.