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Mercedes-Benz reveals new V-class

Mercedes-Benz has returned to the luxury MPV ranks with a resurrection of the V-class – the commercial vehicle based multiseat van first introduced to the German car maker’s lineup in 1996. Positioned as an upmarket rival to the likes of the popular Volkswagen Multivan, the new V-class was conceived and developed in a joint-engineering program with the third-generation Vito, which it will be produced with at Mercedes-Benz’s Vitoria factory in Spain. Set to go on sale in Europe shortly after its public debut at the Geneva auto show in early March, the V-class is being considered for sale in the U.S.

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.

Chevrolet UK has its best ever year

Now admittedly, Chevrolet UK is not starting from a point of market dominance in the UK, but any manufacturer who has managed to increase sales in 2008 is obviously doing something right. Chevrolet UK has announced that in 2008 it managed to increase its market share in the UK by 12.5%, from 0.76% to 0.86%, with total sales for the year of 18,372 cars (which is only a smidge higher than 2007, but the lower total sales for the UK Car market in 2008 meant a significant increase in market share for Chevrolet). Chevrolet Cruze - Launches in the UK in 2009 These are not figures that are going to frighten the pants off Ford and Vauxhall, but they are an indication that a certain part of the car buying public in the UK are looking at price as a major factor, and are prepared to sacrifice a degree of driving joy to get in to a new car at a lower price.