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Ex-TVR chairman Peter Wheeler (1944-2009)
Fri, 12 Jun 2009By Peter Adams Motor Industry 12 June 2009 11:50 Peter Wheeler, the chairman of TVR from 1980 to 2004, has died. Wheeler was in charge of TVR during some of the company’s finest modern years, launching lightweight and powerful rear-wheel drive Blackpool-built sports car including the Chimaera and Griffith, and the Cerbera, Tuscan, Tamora and Sagaris with TVR's own engine. Wheeler passed away during the night on Thursday 11 June after a short illness.
Volkswagen says Italdesign purchase will boost its growth strategy
Tue, 25 May 2010Volkswagen AG will acquire a 90 percent stake in Italdesign Giugiaro S.p.A., VW said Tuesday. The Giugiaro family will retain 10 percent in the 42-year-old automotive styling company that is famous for designing cars such as the first-generation Volkswagen Golf. VW CEO Martin Winterkorn said Italdesign will make an important contribution to the automaker's 2018 global growth strategy.
Crunch watch Nov 09: the auto industry in crisis
Mon, 30 Nov 2009Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour Monday 30 November 2009• Saab's future is likely to become clearer tomorrow when the GM board meets in Detroit. It will have to decide whether to seek a new buyer or put Saab into liquidation (Financial Times)• Don't rule out an eastern bid for Saab: Beijing Automotive is still interested in buying the Swedish car maker despite its joint bid with Koenigsegg hitting the rocks, reports Automotive News.