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VW take control at Italdesign Giugiaro through Lamborghini.
Tue, 25 May 2010Maserati 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.
Mercedes-Benz, BMW both post record September sales
Wed, 09 Oct 2013Not only are the German horsepower wars still going strong, but if this next bit of news isn't evidence of German sales wars, then we don't know what is. BMW sold 189,675 vehicles worldwide during the month of September, an increase of 6.7 percent over the previous year, which also made it the best September sales month for the automaker. This comes with a small asterisk -- namely, that figure includes Mini and Rolls-Royce sales, though if we're talking just BMW-badged vehicles, the September sales totaled 158,029 (still a 7.6 percent increase over September of 2012).
Mitsubishi to recall i-MiEV to fix airbag sensor
Fri, 10 Aug 2012Mitsubishi will recall 261 of the company's 2012 i-MiEV electric vehicle for a potential faulty airbag sensor. According to Mitsubishi, the front airbags could deploy late or not at all during a crash, due to a software compatibility issue. Mitsubishi will notify owners to replace the sensors if their vehicles are affected.
