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Suzuki seeks end to partnership with Volkswagen
Mon, 12 Sep 2011Suzuki Motor Corp. Chairman Osamu Suzuki on Monday said he plans to end his carmaker's turbulent two-year capital alliance with Volkswagen AG, citing concerns about independence and a dearth of technological exchanges and joint projects from the tie up. The spry, 81-year-old Suzuki executive compared the breakup to a divorce and said the two companies should "say goodbye with a smile" instead of trading bitter accusations.
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.
Avro Mirage 720 Ford GT (2008) first official pictures
Mon, 17 Mar 2008By Ben Pulman First Official Pictures 17 March 2008 12:09 Avro’s 720 Mirage Ford GT is the supercar for when one limited edition just isn’t enough. Just ten of these Roush-tuned Fords will be made, and yes, the 720 signifies the horsepower output. In 2007 Avro and Roush unleashed the 600bhp 600RE Ford GT.