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VW to buy Italdesign Giugiaro, sources say

Volkswagen AG will buy a controlling stake in Italy's largest design and engineering firm, Italdesign Giugiaro S.p.A., two industry sources confirmed to Automotive News Europe. One of the sources said that an announcement could come as early as next week. Italdesign and VW representatives declined to comment.

Spied on the street: Porsche Panamera

Yes, Porsche has given up several official photos of the Panamera sedan ahead of the car's expected official rollout at the Shanghai auto show in late April. That means prototypes on the road have stripped off the camouflage. But it's still interesting to see the car in a natural setting.

Rubens wins in Valencia

Rubens Barrichello celebrates with Ross Brawn after winning the European Grand Prix Rubens has had a moan or two about his team lately, but he had nothing but praise for them as he held on to the lead he took after Hamilton in the McLaren had a pit stop from hell – when his tyres stayed in the pit garage rather too long – and drove like the veteran he is. Button, on the other hand, managed to throw away his grid position at the start and spent the whol;e race playing catch-up. He managed to finish in seventh – for a very valuable two points – but hge was never in contention.