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Grand Rapids, Michigan, US
Lighting for Sale
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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.
Fire risk Porsche in global recall
Mon, 24 Feb 2014SPORTS car maker Porsche is asking more than 100 UK owners of the latest 911 GT3 models to stop driving them while tests go on following cases of vehicles catching fire. The advice, to 101 UK owners who have paid around £100,000 for their vehicles, has gone out to a total of 785 owners worldwide of the GT3s from the 2014 model year. Porsche said there had been two cases in Europe of cars catching fire.
GM to halt medium-duty truck production
Mon, 08 Jun 2009Production of the Chevrolet Kodiak and the GMC Topkick medium-duty trucks will cease by July 31, General Motors said Monday. GM has spent four years searching for potential buyers for the truck business, but has decided to wind down its medium-duty truck operations. In 2007, Navistar International Corp.