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April car sales in a nutshell: The year's 2nd-strongest month
Tue, 04 May 2010Here are highlights from April's U.S. auto sales report: Industry rises 20 percent Overall U.S. sales rose 20 percent in April to 982,302 light vehicles, a gain of 162,610 over the same period a year ago.
Hyundai and Rhys Millen extend deal for 2012
Fri, 25 May 2012Hyundai Motor America and Rhys Millen will continue their partnership into the 2012 Global RallyCross season that starts on May 26 in Charlotte, N.C. He'll return to drive the hopped-up Veloster hatchback in all seven races, including two at ESPN's Summer X Games. “I'm thrilled to represent Hyundai and the Veloster in the GRC series for a second season,” Millen said.
Volkswagen to buy Italdesign-Giugiaro
Wed, 19 May 2010Italdesign-Giugiaro S.p.A could soon become another group under the Volkswagen AG umbrella, according to Automotive News Europe. The industry publication cites two sources that claim the German company is set to buy a controlling stake in Italy's largest design and engineering firm, a deal which could be clinched as early as next week. Founded by Giorgetto Giugiaro and Aldo Mantovani in 1968, Italdesign-Giugiaro currently has 975 employees and 800 CAD workstations.