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Pininfarina family to lose control of company
Wed, 15 Feb 2012The 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.
Ford Interceptor (2007): first official pictures
Tue, 02 Jan 2007By Tim Pollard First Official Pictures 02 January 2007 12:51 Ford Interceptor Concept: the lowdown What do you get if you take the iconic Ford Mustang and mix in a four-door saloon with a large dollop of attitude? Ford has tried just that and come up with the Interceptor concept, due to bow in at the Detroit Motor Show next week. Conceived along the lines of the Chrysler 300C, this is a four-door you'd be happy to drive, unlike many of Ford's recent saloons.
Audi e-Tron revealed at Frankfurt
Tue, 15 Sep 2009Audi has launched the e-Tron at Frankfurt And this morning Audi has revealed the detail. The Audi e-Tron has four electric motors producing a relatively modest 313bhp, but with a frankly unbelievable 3,319lbs/ft of torque. And we thought the new Bentley Mulsanne had a lot.