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Volkswagen acquires Italdesign-Giugiaro

The Volkswagen Group and Italdesign-Giugiaro S.p.A. today announced the next step in their successful cooperation. The Volkswagen Group will take a 90.1 percent stake in Italdesign, including the brand name rights and patents.

Mercedes-Benz reveals AMG Vision Gran Turismo virtual concept car

Isn’t virtual reality a great thing? It lets you push the boundaries and do things you wouldn’t get away with in real life. Which explains why we’ve been sent pictures of this – the Mercedes-Benz AMG Vision Gran Turismo, a concept car that will exist only in Gran Turismo 6 when it’s launched on 6 December 2013.

Acura retools lineup to put the focus on mpg

Honda will overhaul and reposition its Acura lineup over the next 18 months and abandon its long pursuit of top-tier luxury-car status for the brand. After years of trying to propel Acura into the front ranks with Mercedes-Benz, BMW and Lexus, Honda says it will settle for offering mid-level premium vehicles that favor fuel economy over performance. With one exception: At the Detroit auto show in January, Honda will bring back the Ferrari-fighting Acura NSX--a new version of the mid-engine supercar that disappeared in 2005 after a 15-year run.