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Magna mulls Pininfarina takeover
Wed, 17 Nov 2010Canadian-Austrian parts supplier Magna International Inc. is weighing a proposal to buy Italian design specialist Pininfarina S.p.A., three sources with direct knowledge of the matter told Automotive News Europe. Earlier this month, Pininfarina's quarterly earnings report disclosed that the company could be sold as soon as Dec.
Posh cars 'raise house prices'
Thu, 15 May 2014HAVING a posh car in the driveway can push up property prices, according to a survey. As many as a third of people reckon having a luxury motor outside their home can add to the value of their house, the poll by car rental company Avis found. Around a third of the 2,000 adults surveyed also thought a flash car would help sell a property.
Lexus CT 200h Advance tops CT 200h range
Wed, 07 Nov 2012Lexus has revealed a new range-topper for its smallest car – the Lexus CT 200h Advance – with extra equipment and small price premium. The new range-topping Lexus CT 200h Advance We’re not entirely convinced that Lexus has got their baby car quite right – we’d rather see it drop its rather harsh suspension setup and offer proper compact cosseting - but there’s a ready market from buyers wanting a touch of Japanese luxury in a more compact form. But it seems Lexus are at least heading in the direction they should with the CT 200h by launching a new range-topping model - the Lexus CT 200h Advance – with more toys as standard to appeal to the downsizer who wants their luxury setup ready-made.