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VW to buy Italdesign Giugiaro, sources say

Volkswagen AG will buy a controlling stake in Italy's largest design and engineering firm, Italdesign Giugiaro S.p.A., two industry sources confirmed to Automotive News Europe. One of the sources said that an announcement could come as early as next week. Italdesign and VW representatives declined to comment.

Who's Where: Maximilian Missoni joins Volvo as exterior design chief

Maximilian Missoni has been appointed exterior design chief at Volvo Cars. He will report to exterior design director Fedde Talsma and to Thomas Ingenlath, vice president design. 34-year-old Austrian-born Missoni joins the Swedish carmaker from Volkswagen where he worked from 2002, first working in Wolfsburg as a designer before being appointed senior exterior designer at the company's Advanced Design Center in Potsdam.

New BMW 3-Series (2012) revealed – Update: Prices & HUGE Photo Gallery

New BMW 3 Series (2012) gets revealed If there is a car which defines BMW’s success more than any other, it’s the 3-Series. So the reveal of a brand spanking new BMW 3 Series for 2012 is a big deal. The new 3-Series is a bit bigger and a bit lighter than the current car and is a new BMW from the ground up.