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Pininfarina family to lose control of company

The Pininfarina family is set to lose its controlling share stake in the company as it takes a step closer to restructuring its €76 million net debt. The Italian design firm, founded in 1930, has been plagued with debt in recent years, shutting its manufacturing branch in 2011 to concentrate purely on design, ending a joint venture with Volvo that saw the company assemble Volvo's C70. The move is seen as a positive one for the company in the long-term, making it more financially secure for future developments, but it also means that the Pininfarina family will lose control of the company by selling its 77 percent share.

Toyota Auris Hybrid, Prius Plug-in Hybrid, Land Cruiser and iQ (2009): first official pictures

By Tim Pollard First Official Pictures 02 September 2009 13:25 Toyota has announced its line-up for the 2009 Frankfurt motor show – and it’ll be led by a new hybrid version of the Auris hatchback. The Hybrid Synergy Drive tech from the Prius has squeezed under the bonnet of the Auris to make a new, cleaner hatch and extend the Japanese firm’s lead in petrol-electric tech. It won’t be just a battery-powered Auris on show, however.

College Exhibition: Umea Institute of Design Degree Show 2007

Masters students at Umea University Institute of Design exhibited their final projects in at their annual Degree Exhibition in early June. This year, a record 45 students exhibited their work, including 13 from MA Transportation Design, 8 from MA Advanced Product Design, 10 from MA Interaction Design and a further 14 from the BA Industrial Design course. This year's MA Transportation Design programme was led by Lasse Pettersson, with Nick Coughlan as external tutor.