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Countach Sets Record Auction Price

A 1982 Lamborghini Countach was the highlight at a recent historics auction at the famous Brooklands Museum. The Countach was clearly the sale star, soaring to nearly three times its reserve price and settling at what is believed to be a UK auction record for this model, at £337,120 including commission and tax. The auction hall was treated to a struggle between bidders for ownership of the 8,500 mile car, which has been in professional storage for the last 23 years.

Renault Koleos White Edition launched

Renault has announced the Renault Koleos White Edition today Unlike their Gallic counterparts PSA, Renault didn’t take a Mitsubishi Outlander and splice some French bits on. Instead, they went to Nissan, nicked the X-Trail underpinnings and proceeded to produce their mongrel Koleos. Remarkably – once you get over the looks – the car is pretty competent.

Volkswagen to buy Italdesign-Giugiaro

Italdesign-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.