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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.
Lincoln is promised a unique line
Mon, 17 Jan 2011Lincoln vehicles will be dramatically different from Ford brand products, Ford Motor Co. executives said last week. "The strategy isn't just new products, but full differentiation from the Ford brand in not only design but in technology," Derrick Kuzak, Ford's group vice president of global product development, told a group of auto analysts at the Detroit auto show.
NHTSA probing coolant leak in Porsche 911?
Tue, 30 Apr 2013In another embarrassing failure to understand what they're supposed to be regulating, the NHTSA has announced that they are investigating a “coolant leak” in Porsche 911s that were built with the GT1 engine block between 2001 and 2007. Maybe when they said coolant, they were talking about the oil that circulates in a 911 to keep the engine cool? Next thing you know, they'll be checking out fuel pumps on the Tesla Model S!