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Volkswagen says Italdesign purchase will boost its growth strategy
Tue, 25 May 2010Volkswagen 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.
News watch Sept 2010: today's auto industry news
Wed, 29 Sep 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-hour Wednesday 29 September 2010• Porsche today posted record turnover, off the back of rising sales. It announced an 18% leap in annual turnover to €7.8 billion while sales rose 9% to 81,500 vehicles, up from 75,238 the previous year.
Goodyear recalls Wrangler Silent Armor tires
Mon, 27 Feb 2012Goodyear said it will recall almost 41,000 light-truck tires over concerns of partial tread separation. Tread separation could lead to vehicle damage if the tread strikes the car, or an accident could occur if the tire fails. The sizes recalled include: -- LT235/80R17 LRE -- LT325/60R18 LRE -- LT275/70R18 LRE -- LT265/70R17 LRE -- LT245/75R17 LRE -- LT285/70R17 LRD The affected Wrangler Silent Armor tires were produced from March 31 to May 31, 2009.