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VW to announce Italdesign takeover on Tuesday
Mon, 24 May 2010Volkswagen 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.
2014 Maserati Ghibli order guide leaked online
Mon, 24 Jun 2013The 2014 Maserati Ghibli order guide leaked online at ghibliforum.com over the weekend. From it we get a good view of the trims, engines and accessories for the Italian brand's new 5-series fighter. We already knew two engines -- twin-turbo V6s -- would be offered.
GM recalls 15,627 Chevrolet Captiva crossovers
Wed, 21 Dec 2011General Motors is recalling 15,627 Chevrolet Captiva crossovers from the 2011-12 model years because the power steering fluid could overheat under certain conditions, leading to an engine compartment fire, the automaker said Wednesday. The recall includes 3,150 vehicles sold to rental car fleets in the United States. No fires have been reported in the United States, where the Captiva is available only for fleet sale.