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Citroen DS 5LS R (2014) first official pictures
Fri, 04 Apr 2014By Damion Smy First Official Pictures 04 April 2014 07:00 This hard-core saloon is the most powerful Citroen ever built. This is the Citroen DS 5LS R that will star at the Beijing motor show in a few weeks. The clunkily-named model is a C-segment saloon that’s based on the DS 5LS, which was unveiled in December 2013, but this R version is a race version in the vein of the DS3 Racing and DS4 Racing models.
GM wants to wrap up Opel sale quickly
Wed, 12 Aug 2009General Motors is anxious to wrap up the sale of Opel, a top executive said Tuesday. The bidding has been narrowed to Canadian auto parts conglomerate Magna--which is favored by the German government--and Belgian investors RHJ International. "I think everyone is anxious to get this thing done," GM CFO Ray Young said, according to Automotive News.
Volkswagen to buy Italdesign-Giugiaro
Wed, 19 May 2010Italdesign-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.