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VW take control at Italdesign Giugiaro through Lamborghini.

Maserati 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.

BMW 3 Series GT Spied

2012 BMW 3-Series GT caught being transported I can’t say we’ve really laid awake at night thinking about it, but the reveal of the BMW 3 Series GT must be getting close. As, for that matter, must the whole new 2012 BMW 3-Series. We first reported that BMW were making a 3-Series GT back in 2009, but we did know they wouldn’t be building one on the current platform, waiting instead for when the new 3-Series due to put in an appearance, probably at Frankfurt in the Autumn (if not before).

Porsche threatens to pull Boxster production from Magna

Porsche is considering canceling an existing contract with Magna to build the next-generation Boxster and Cayman in Austria starting in 2013 and may instead move production to Karmann in Germany. The move would be aimed at protecting Porsche's closely guarded engineering and production cost secrets for its upcoming entry-level roadster and coupe. Porsche insiders say plans established under former boss Wendelin Weideking to build the Boxster and the Cayman at Magna's Graz factory in Austria are now being heavily reviewed following the Canadian/Austrian company's bid to take control of financially embattled Opel from General Motors.