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Volkswagen to buy Italdesign-Giugiaro

Italdesign-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.

Mercedes-Benz recalls 85,000 vehicles for possible steering failure

Mercedes-Benz will recall about 85,000 of its 2010 and 2011 vehicles for a potential power-steering failure, the company said on Monday. The models being recalled are the 2010 C-class and E-class sedan, coupe and cabriolet. The potential failure is caused by a loss of power-steering fluid.

Prices from £13,995 for new 2014 Ford Focus

Ford has announced it will freeze prizes for the entry-level version of its new 2014 Focus family hatchback at £13,995 when the car goes on sale later this year. On top of that, the Blue Oval has also reduced the price of the top two Titanium and Titanium X trim levels by £100 each owing to increased customer demand for “technology and luxury”. On Bing: see pictures of the 2014 Ford Focus Find out how much a used Ford Focus costs on Auto Trader Above the entry-level Studio model sit the £16,795 Style, £18,295 Zetec and £20,045 Zetec S variants, priced at £395, £895 and £400 more than the models they will replace respectively.