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Menomonie, Wisconsin, United States
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VW take control at Italdesign Giugiaro through Lamborghini.
Tue, 25 May 2010Maserati 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.
Chrysler PT Cruiser hits the end of the road this summer
Mon, 19 Jan 2009One of the original retro cars, the Chrysler PT Cruiser, is getting the ax. Production ends this summer, Chrysler president Tom Lasorda confirmed last week. With its sinister styling that drew comparisons to 1930s gangster rides, the PT Cruiser was a hit when it was launched in 2000.
Ford announces new Silicon Valley research laboratory
Fri, 06 Jan 2012Ford has announced plans to open a new R&D center in California's Silicon Valley with a view to creating a hub for collaborative technology projects. With neighbors including Google, Microsoft, facebook, Apple and Stanford University, it's certainly setting up shop in the right part of town. Its location also connects Ford's Advanced Design Studio in Irvine, CA and Ford employees working with connectivity platform partner Microsoft Corp.