Car Suv Van System 50w Car Warning Alarm Police Fire Louder Siren Speaker Mic on 2040-parts.com

Ferrari and Puma extend partnership

Ferrari and apparel company Puma will extend their six-year deal, the companies said on Wednesday. Puma will continue to be the official licensing partner and racewear supplier for Ferrari. Ferrari is expecting to expand its global reach as the Formula One calendar grows into markets such as India and the United States.

Fiat to build a 'baby' Jeep, Fiat derivative in Italy

Fiat will build a "baby" Jeep in Italy to sell in Europe and possibly also the United States, two company sources told Automotive News Europe. The new Jeep will be smaller than the Patriot and Compass. The model will be produced in Fiat's home plant of Mirafiori in Turin, alongside a similar vehicle for the Fiat brand that will replace the Sedici and an Alfa Romeo subcompact car for sale in Europe and North America.

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.