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Pininfarina family to lose control of company
Wed, 15 Feb 2012The 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.
2014 Renault Megane Facelift: Price from £16,745 to £26,925
Tue, 03 Dec 2013The facelifted Renault Megane (pictured) costs from £16,745 Renault has given the Megane a bit of a facelift for 2014, and the tweaked Megane debuted at the Frankfurt Motor Show in September. Now the new Megane has gone on sale in the UK – as a Hatchback, Coupe and Sport Tourer – with prices starting at £16,745 for the Expression+ 1.6 VVT 110 Hatch, rising to £26,925 for the Renaultsport 265 Coupe. The changes wrought by Renault for the Megane are relatively minor, with a new family nose (a lot like the new Clio), new lights, tweaked bonnet, new Renault badge and some very minor interior changes including the addition of Renault’s R-Link Media system as an option.
Autoweek's Best of the Best winners announced
Tue, 11 Dec 2012Today, Autoweek announced the winners of our yearly Best of the Best competition with the Porsche Boxster S and Mercedes-Benz GL taking top honors. Presenting the awards, editor Wes Raynal said, “It was a tough call to make this year with so many incredible cars and trucks that debuted. After a year of evaluating everything on the market, the Porsche Boxster S and Mercedes-Benz GL rose to the top, really earning these two awards.” For Best of the Best awards, the Autoweek editors considered publicly available, all-new or substantially new 2013 model cars and trucks.