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VW and Suzuki move closer together with joint projects

By Georg Kacher Motor Industry 29 June 2010 10:29 As predicted by CAR Magazine, Volkswagen last year bought a 19.9% stake in Suzuki. But according to the Wolfsburg grapevine, the minority interest is set to increase by 10% annually over the next four to five years. Fact or fiction?

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.

Why we love Maximum Bob: A column by Dutch Mandel

In announcing that he will leave General Motors at the end of this year, product czar Bob Lutz bows out gracefully and elegantly and does it in the style that forged his legend. It's also a move made none too soon and if not hastened by Beltway functionaries, then punctuated by it. But make no mistake: Bob Lutz is not running from the fight engulfing Detroit and the rest of the automaking world.