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Volkswagen acquires Italdesign-Giugiaro
Tue, 25 May 2010The Volkswagen Group and Italdesign-Giugiaro S.p.A. today announced the next step in their successful cooperation. The Volkswagen Group will take a 90.1 percent stake in Italdesign, including the brand name rights and patents.
GM to build electric motors in-house
Mon, 25 Jan 2010General Motors will develop and build electric motors for a rear-wheel-drive hybrid to launch in 2013. GM claims to be the first major U.S. automaker to produce electric motors in-house and says it is investing $246 million in the project.
Hamburg planning to ban cars from city by 2034
Fri, 17 Jan 2014Hamburg, Germany is planning to ban all cars from its city center over the next 20 years, according to the Independent U.K. site. It’s a sad turn of affairs when the country that not only has the Autobahn, but also the Green Hell -- the most difficult racetrack in the world -- turns its back on motorized personal transportation.