Freightliner M2, 1040584a, 1040588a Radiator # 601437 on 2040-parts.com

Volkswagen says Italdesign purchase will boost its growth strategy

Volkswagen AG will acquire a 90 percent stake in Italdesign Giugiaro S.p.A., VW said Tuesday. The Giugiaro family will retain 10 percent in the 42-year-old automotive styling company that is famous for designing cars such as the first-generation Volkswagen Golf. VW CEO Martin Winterkorn said Italdesign will make an important contribution to the automaker's 2018 global growth strategy.

Buy a Spyker Bond and get a cheap Spyker B6 Venator

Buy a Spyker Bond and get a cheap B6 Venator (pictured) Last year, Victor Muller seemed to have pulled off something of a coup for Spyker by delivering concepts of the B6 Venator Coupe and Spyder to much acclaim, which looked like a car that could kick-start Spyker’s rather troubled business model. After a foray in to Saab ownership, Victor Muller lost Spyker to CPP, but CPP’s reliance on finance from Victor’s pal Vlad the banker proved to be CPP’s downfall and Victor emerged, somehow, back in control of Spyker. But despite Victor’s legendary ability to schmooze finance from the most unlikely sources, it seems he’s run in to a bit of trouble with financing production of the Venator, so he’s come up with a plan that looks to be a cross between a lottery and crowd funding.

Who's Where: Mamoru Aoki and Koji Nagano promoted to Nissan executive design directors

Mamoru Aoki and Koji Nagano have been promoted to Nissan executive design directors, reporting to head of design Shiro Nakamura. Mamoru Aoki is now responsible for the design and development of all Nissan brand passenger and electric vehicles as well as design strategy and is based at the carmaker's Design Center in Atsugi, Japan. Koji Nagano – previously design director at Infiniti – now manages the design development of the new Datsun brand and Nissan brand light commercial vehicles.