1950-1960 Parking Lens Part N# K2671 Hella on 2040-parts.com

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.

Bentley reveals Le Mans Limited Edition trim for Mulsanne and Continental

Bentley introduced Le Mans Limited Edition trim packages for the Mulsanne and Continental families on Thursday. They will only be available in North America and will celebrate the company's six wins at the 24-hour race. Bentley won the race in its second running (1924), as well as from 1927-1930 and again in 2003 with the Bentley Speed 8.

Moody's boosts Ford's credit rating

Moody's Investors Service upgraded Ford Motor Co.'s debt to investment grade, culminating the automaker's six-year struggle to win back the Blue Oval and other assets mortgaged in 2006. Moody's is the second agency to upgrade Ford's debt from junk status, paving the way for the company to recover assets it mortgaged in 2006 to stave off bankruptcy. The company raised $23.5 billion in a move that allowed it to avoid government bailouts or bankruptcy when the industry collapsed in 2008.