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Volkswagen says Italdesign purchase will boost its growth strategy

Volkswagen 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.

Toyota prices RAV4 EV at $50,610 before tax incentives

Toyota Motor Corp. unveiled the production version of its RAV4 electric vehicle, which carries a battery pack and electric motor system developed in collaboration with Tesla Motors. The crossover will carry a sticker price of $50,610 including an $810 destination charge but before available tax incentives of $2,500 in California and $7,500 at the federal level.

Ford Escape recall addresses door handle issue

Ford is recalling Escape SUVs from the 2013 and 2014 model years for a problem that can make the doors difficult to close or -- more ominously -- can cause the doors to open while driving. A total of 581,986 SUVs made between October 5, 2013, and April 10, 2014, are affected; Ford blames the recall on assembly misalignment between the exterior door handle and the door outer panel. The danger of this assembly issue involves the possibility of an unbelted passenger falling out of the SUV, though Ford has not indicated that any such incident has occurred.