Author: Automotive News Breaking News Feed
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Wilbur Ross will postpone IPO for supplier IAC, report says
Billionaire Wilbur Ross’s auto supplier International Automotive Components Group SA is delaying its initial public offering until 2014, two people with knowledge of the matter told Bloomberg.
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Audi’s top designer Egger will move to Italdesign, reports say
Audi’s chief designer, Wolfgang Egger, will move to Italdesign Giugiaro as the company’s design boss, German press reports said.