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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.

The Designers, Pt.12 – Ed Welburn, General Motors

Car Design News launched its first-ever Car Design Review yearbook at the Geneva Motor Show, featuring the award-winning Production Car and Concept Car Designs of 2013. If you're interested in buying a copy of the 160-page yearbook this interview appears in, alongside trend reports, bespoke car design infographics and a special feature on Marcello Gandini, our inaugural Lifetime Achievement Award winner, Car Design Review can be purchased here. Name Ed WelburnRole General Motors VP global designAge, nationality 63, USLocation Michigan, USAEducation Howard University "From a car-design-industry perspective, 2013 was good but not great.

Honda unveils 'near-production' CR-Z concept

By Ben Pulman First Official Pictures 30 September 2009 09:15 Honda has unveiled three concept cars that it will show at this month’s 2009 Tokyo motor show, and one of them is a thinly-veiled show car that previews the new hybrid CR-Z that will go into production in 2010. It has. In 2007 Honda revealed a CR-Z concept at the Tokyo motor show.