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VW to announce Italdesign takeover on Tuesday

Volkswagen will announce Tuesday that it will take a 90 percent stake in Italdesign Giugiaro S.p.A, people familiar with the matter told Automotive News Europe. The Giugiaro family will retain 10 percent in the Italian design house that is famous for styling cars such as the first-generation VW Golf. VW plans to acquire control of Italdesign to help reach its goal of becoming the world's largest automaker by 2018 with sales of 10 million vehicles a year.

Italian Grand Prix 2012: McLaren lock out the front row.

McLaren has locked out the front row for the Italian Grand Prix at Monza with Lewis Hamilton on pole and Jenson Button second. Lewis Hamilton grabbed pole position in Monza this afternoon for McLaren  in qualifying for the 2012 Italian Grand Prix, with a second place for Jenson Button locking out the front row for McLaren. It had looked throughout Q1 and Q2 that it would be Ferrari who were dominant and likely to take pole, but Alonso suffered a rear roll bar problem at the start of Q3 and ended at the bottom in tenth place.

MG Dynamo EV Concept debuts at SMMT

The MG Dynamo EV Concept (pictured) is on display at the SMMT MG may not be what it once was (which you can take either way), but as a marque MG is 90 years old. As part of celebrations for the 90th birthday of MG, there’s an exhibition of MG’s models at the Society of Motor Manufacturers and Traders (SMMT) offices in London this week, which include a global debut for an electric MG city car. The MG Dynamo Concept is MG’s vision of an electric city car which, say MG, encompasses “the latest in design and engineering technology”.