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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.

Porsche 918 Spyder to get 875bhp to take on McLaren P1 & LaFerrari

The Porche 918 Spyder – Porsche’s hybrid supercar – is to get a power boost and go on a diet to better compete with the McLaren P1 and LaFerrari. But the duo of hybrid supercars at Geneva will become a trio at the Frankfurt Motor Show in September when the Porsche 918 Spyder gets revealed in final production form before heading for a select group of customers in 2014. It does seem to have taken Porsche quite a while to get the 918 Spyder in production-ready guise  but it seems they may have been waiting to see what McLaren and Ferrari had up their collective sleeves before settling on a production specification for the 918 Spyder.

Daihatsu D-X

Previews of new models to be unveiled at December's Tokyo Auto Show are now coming thick and fast. The latest additions to the list come from Daihatsu who will launch three new concepts under the slogan of ‘Big Answer from Small' at the show. The first of these is the D-X or ‘D-Cross'.