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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.

Approved mechanics essential for quality service

DRIVERS need to make sure their car is being properly serviced by a qualified mechanic, says the Institute of the Motor Industry (IMI). To help drives do this, it has launched a government-backed scheme called the Professional Register. While there are around 175,000 people in the UK who call themselves automotive technicians, the IMI says it can only recommend around 27,000 as having the required skills and competence to carry out work to the required standard in their specialism.

Bentley planning big model expansion

It looks like the last Bentley Brooklands (pictured) will not be the last after all We already know that the Bentley SUV is on the way shortly to take on the might of the new Range Rover, and it seems certain there’s about to be Bentley Mulsanne Speed as Bentley rolls out its ‘Speed’ moniker to its most prestigious car. But there’s more to come. When we reported the Mulsanne Speed was on its way last week, we noted that if Bentley were adding a Speed version of the Mulsanne to their range to expand it then it surely made sense to launch a Mulsanne Coupe and Convertible too.