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Quirky finance deal for anniversary Alfa Giulietta
Thu, 03 Apr 2014CHECK this out for inflation: to celebrate 60 years since the launch of the original Giulietta, Alfa Romeo is offering a finance deposit contribution equivalent to the outright purchase price of the original car. The stunning 1954 Giulietta sold for £1,250, which is precisely what Alfa is offering buyers of the 2014 model if they take out a PCP finance deal and meet a few basic criteria. What’s more, a new £510 Lunar Pearl colour option will be thrown into the bargain for customers taking up the deal in the 60th anniversary celebration window.
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.
News watch December 2010: today's auto industry news
Sun, 31 Oct 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourFriday 31 December 2010• A judge in Manhattan has dismissed two lawsuits from hedge funds claiming for $2bn losses when it bought VW shares in 2008. Elliott Associates LP, Black Diamond Offshore and 39 other funds filed a complaint, claiming Porsche misled short-sellers who hadn't realised that Porsche had cornered the market in VW shares (Automotive News)Thursday 30 December 2010• Volvo plans to hire an extra 200 staff as it claims demand for its cars is rising.