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Volkswagen says Italdesign purchase will boost its growth strategy

Volkswagen 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.

Pre-order the new Dacia Duster for just £100

Dacia Duster for just £100 deposit Dacia’s aggressive marketing for the launch of the Duster and Sandero continues with pre-orders needing just £100 deposit. At the beginning of April Dacia told us that they would be offering ‘Shockingly Affordable’ prices in the UK when the Dacia Brand – Renault’s budget offering – arrives in showrooms. Now we’re at ’75 Days to Launch’ according to Dacia (although that’s just the point when Dacia reveals prices for the Duster and Sandero – cars won’t arrive until January 2013) they’ve announced that you can pre-order a new Dacia with just £100 deposit.

2010 Devon GTX shown at Pebble Beach concours

The 2010 Devon GTX, a 650-hp supercar from California design house Devon Motorworks, was shown Saturday at the Pebble Beach Concours d'Elegance. The speed demon will cost $500,000 and go on sale in the first quarter of next year. Just 36 cars will be produced per year by the company.