Assembled 4" Stretched Bags With Side Covers And 6x9 Speaker Lid on 2040-parts.com

Caterham sells F1 team

Caterham The Caterham Formula 1 team has been sold to a consortium of Swiss and Middle-Eastern investors following a poor season so far in 2014. Rumours that Caterham would cut its losses have been rife, since team founder Tony Fernandes threatened to quit if things didn't improve this year. The team is currently bottom in the championship and Fernandes hinted of an exit last week, when he tweeted “F1 hasn't worked, but love Caterham Cars.” Graham Macdonald, Caterham Group CEO: “Firstly I want to thank everyone who was involved in the F1 team for all their hard work and dedication since the team’s first days in 2009.

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.

Nissan’s EV onslaught continues with Townpod

Nissan’s Townpod will be the company’s third electric vehicle (a battery-powered version of the NV200 commercial vehicle will slot in after the Leaf) and is slated for a late 2012 arrival in the UK. Looking remarkably like a character from Pixar’s Cars film, the Townpod takes the lithium-ion battery-powered drivetrain of the Leaf and cloaks it in urban friendly sheetmetal. The long wheelbase and zero overhangs results in a huge cabin, accessed by some trick doors – rear-hinged rear doors and a vertically split rear door.