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Hershey auction and swap meet gets under way

The Hershey Auction in Pennsylvania is in full swing on Thursday, and our friends from Hagerty Insurance are there. The event is hosted by RM Auctions and includes some of the rarest auto antiques in the world. The two-day event auction coincides with the Antique Automobile Club of America Eastern Division Fall Meet, bringing even more classic sheetmetal to the Hershey Lodge.

Mazda MX-5 Yusho gets 238bhp

The Mazda MX-5 Yusho Concept has been revealed at the the Leipzig Auto Show with 238bhp from a supercharged engine. It’s not just the German car makers that have turned up to the Leipzig Auto Show with some interesting new cars, the Japanese have managed it to in the shape of the Mazda MX-4 Yusho Concept. The MX-5 Yusho (Yusho means Victory in Japanese) is a supercharged and titivated version of the regular MX-5 with 17″ grey alloys, lowered suspension, a boot lid spoiler and carbon fibre rear diffuser.

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.