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VW take control at Italdesign Giugiaro through Lamborghini.

Maserati Merak - by Giugiaro Perhaps it makes sense politically for an Italian company to takeover another, but the outcome is the same – VW has taken a majority stake in Italdesign Giugiaro – 90.1% – through its Italian subsidiary Lamborghini Holdings S.p.A. Just as we expected. And there’s a lot of sense in this move by VW – even if they are going back on their stated intent to end the acquisitions – as there’s a strong history with Giugiaro.

BMW and Local Motors join forces for latest contest

BMW and Local Motors have come together to launch the Urban Driving Experience Challenge, which launches on 25 September. The contest challenges designers to create the premium vehicle features and functions that will shape the urban driving experience in 2025 and beyond. The Mega Cities of the future will offer a number a new challenges for the automotive industry, such as increasing urbanization, rapid population growth, changing infrastructures and environmental pollution.

Gurney cars lead record list of entries at Rolex Monterey Motorsports Reunion

The acceptance letters went out this week for the Rolex Monterey Motorsports Reunion, the vintage racing weekend formerly known as the Monterey Historics, and it looks as if you'll get your money's worth out of this year's event. While previous years usually featured about 400 or so cars, the 2010 running of the renamed Rolex Monterey Motorsports Reunion, managed now by SCRAMP, will feature 520 vintage entries. Leading the pack is what promises to be a once-in-a-lifetime collection of 35 cars either designed, built or raced by the great Dan Gurney, this year's honoree.