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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.
Chevrolet to market diesel-powered Cruze in U.S., report says
Tue, 12 Jul 2011General Motors has decided to sell a diesel version of the Chevrolet Cruze compact in the United States, the Associated Press reported today, citing two people familiar with the plans. Sources told the AP the car would get about 50 miles per gallon on the highway and help GM address stricter government fuel economy standards. The diesel-powered Cruze is at least two years from U.S.
Official: Aston Martin Cygnet axed – fewer than 150 sold
Tue, 08 Oct 2013Sir Stirling Moss was one of fewer than 150 Aston Martin Cygnet buyers Last month we reported that Aston Martin appeared to have axed their take on a supermini – the Aston Martin Cygnet – after just a couple of years. Now that news seems to be official after Reuters spoke to an Aston Martin source who also said the Cygnet sold so poorly that fewer than 150 were sold. That must make the Cygnet one of the poorest performing cars in any company’s sales history, especially as that fewer than 150 total was supposed to be 4,000 a year.