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Volkswagen to buy Giorgetto Giugiaro’s Italdesign?
Thu, 20 May 2010The Morris Ital - one of Morris Ital by Giorgetto Giugiaro's greatest (sort of) It’s probably a fair bet – or at least was and has been for some time – that Volkswagen would be in the frame to buy an motoring asset that comes on the market. Especially if that asset is in trouble and an iconic name can be grabbed for a song – or less. Which explains why the names of VW and Giugiaro’s Italdesign are being linked together as the Italian designer appears to seek a car maker to rescue it from the woes of being an independent in these rather troubled times.
Audi A5 Sportback offered exclusively in Europe, U.S. customers stiffed
Wed, 17 Jun 2009Audi is expanding the A5 lineup in Europe with a Sportback version--we're talking a four-door with a coupelike roofline. It will join the coupe and convertible A5s now on sale. The bad news?
Obama vows to help rebuild industry to compete, win
Wed, 25 Feb 2009President Barack Obama on Tuesday vowed to hold U.S. automakers accountable for "bad practices" but promised to help create a "retooled, re-imagined auto industry." In remarks to a joint session of Congress, Obama gave a sobering assessment of the nation's ills--mainly economic--but said: "We will rebuild, we will recover, and the United States of America will emerge stronger than before." About midway through the speech, the president said: "As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices.