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MG Icon wins Best Concept: Beijing 2012

MG Icon at Beijing The MG Icon – an SUV/Crossover Concept – has won the ‘Best Concept’ Award at the Beijing Motor Show from Autoweek Magazine. Just before the Beijing Motor Show kicked off we got the first sketches of the MG Icon, a compact, funky SUV Crossover in the mould of the Nissan Juke with an MGB bonnet and grill. Sounds odd, but looked pretty good.

Jaguar Land Rover to build cars in China

Jaguar Land Rover has revealed it is going to build cars in China, starting with either the Freelander 2 or Evoque. Jaguar Land Rover has revealed that it going to build cars outside the UK for the first time (as opposed to re-assembling Freelander 2 CKD kits as it does in India) in a plant just north of Shanghai. As this is China, official permission from the Chinese government is required, but with the joint venture between Chery and JLR now official its seems unlikely to be a problem as JLR will already have agreed to Chery producing JLR cars with Chery badges on.

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.