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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.

Skoda Yeti Laurin & Klement adds gloss to the Yeti

Skoda has revealed a range-topping Yeti SUV – the Yeti Laurin & Klement – with extra equipment over the Yeti Elegance. It might sounds like a firm of solicitors, but Laurin & Klement (Václav Laurin and Václav Klement) are the founders of what is now SKODA and Skoda use their names to badge their range-topping cars, hence the Skoda Yeti Laurin & Klement. The Yeti Laurin & Klement starts off as a Yeti Elegance before Skoda bolt on £4,000 worth of extra goodies, and you can have it only as a 4WD with the 1.8-litre TSI 160PS, 2.0-litre TDI CR 140PS DSG or 2.0-litre TDI CR 170PS engines.

Who's Where: Karim Habib appointed Head of BMW Design

Karim Habib has been promoted to the position of Head of BMW Design, a role that will see the 42-year-old Lebanon-born Canadian oversee the design of all BMW cars. Habib has held the position of Head of Exterior Design since March 2011 and will take up his new role at the start of next month. Habib is perhaps best known for his major contribution to the development of the current BMW 7 Series and Concept CS.