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VW to buy Italdesign Giugiaro, sources say
Wed, 19 May 2010Volkswagen AG will buy a controlling stake in Italy's largest design and engineering firm, Italdesign Giugiaro S.p.A., two industry sources confirmed to Automotive News Europe. One of the sources said that an announcement could come as early as next week. Italdesign and VW representatives declined to comment.
Arrest made in Paul Walker Porsche parts theft
Fri, 06 Dec 2013An arrest has been made in an apparent theft of a piece of the destroyed Porsche Carrera GT involved in a Saturday crash in California that killed actor Paul Walker, CNN is reporting. A number of cars had reportedly followed the tow truck that was transporting the wreckage to a police facility. When the truck stopped at a red light, the occupant of one of the vehicles, alleged to be 18-year-old Jameson Witty, ran up to the truck and retrieved a piece of the wreckage, a T-top roof panel of the red Carrera GT, He later posted a photo of it on Instagram.
Credibility and Closure for GM
Wed, 19 Dec 2012Credibility. It's a precious commodity in the car business, something that's hard fought, easily lost and takes years to rebuild. And General Motors has just earned back a little bit more of its historic standing.