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Giugiaro honored in Korean ceremony
Thu, 15 Dec 2011Giorgetto Giugiaro has received honors from the South Korean Government for his contribution to the nation's fledgling automotive industry. In a ceremony in Seoul, Giugiaro received the prestigious 'Order of Merit' from the President of the Republic of Korea, Lee Myung-bak. The relationship between Italdesign Giugiaro and Korea stretches back to the 1970s, a period of significant growth for the Korean nation, stifled only by its lackluster automotive industry. It fell to the Italian designer to invigorate an industry that survived on reassembling and rebranding foreign domestic models. Giugiaro's solution was the simple Hyundai Pony.
Cross-country in a Corvette Stingray: Conclusion
Tue, 27 Aug 2013The final leg of our cross-country Corvette trip took us from Detroit to Charlevoix, Mich. -- about 45 minutes north of our birthplace, Traverse City. Aside from the drivers on I-75 in metro Detroit -- who may be the worst in the world -- and the still-intermittent audio system, the ride was pretty uneventful.
Avis buys Zipcar and grows car-sharing capabilities internationally
Wed, 02 Jan 2013Zipcar, a car-sharing company that specializes in renting cars by the hour or day, announced Wednesday it will be acquired by Avis Budget for $491 million, or $12.25 a share. The action will help Avis compete against Hertz Global Holdings, which became the world's second largest car-rental company in 2012 following its purchase of Dollar Thrifty car-rental company for $2.6 billion, according to a Bloomberg report. “By combining with Zipcar, we will significantly increase our growth potential -- both in the U.S.