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Italian businessman buys Pininfarina plant for aluminum-vehicle project

Defeated twice in his attempts to buy Carrozzeria Bertone S.p.A., Gianmario Rossignolo has signed a preliminary deal to rent and run one of Pininfarina S.p.A. three plants. Rossignolo, 79, a flamboyant executive who worked at Fiat and Swedish ball-bearing maker SKF, needs the Pininfarina plant for its Innovation in Auto Industry S.p.A.

Volkswagen & Suzuki – it’s handbags at dawn

Volkswagen Suzuki Partnership - things aren't exactly rosy Back in 2009 Volkswagen invested a rather large chunk of change (around €2 billion) in Suzuki in exchange for a 20% stake in the Japanese car maker, and there were big hopes for advantages for both parties. Volkswagen were looking for a quick-fix route to the burgeoning car market in India, where Suzuki were doing very well, with sales in India last year of 1.13 million cars – almost half its production – in comparison to VW’s paltry sales of just 53,000. In return, Suzuki were expecting to get a quick route to cutting-edge hybrid and electric tech for their range, and access to VW’s engines.

L’argus Student Competition 2009

French magazine L'argus de l'automobile has announced the winners of its seventh Student Competition Awards, themed ‘Automobile Design for Social Utility'. Open to students studying design within the European Union and Switzerland, the competition culminated at a recent awards ceremony at the Eiffel Tower. The first prize of €3000 and an internship at Renault's Technocentre in Guyancourt (near Paris) went to Damien Grossemy, Thibaut Dereymacker and Maxime Dimarco from the Institut Supérieur de Design in Valenciennes, France.