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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.

New Hyundai i10 will cost from £8,345 – the same as the old i10

The New Hyundai i10 (pictured) will cost from £8,345 – the same as the old i10 The 2014 Hyundai i10 – the new generation of Hyundai’s supermini – arrived officially at the Frankfurt Motor Show last month, and manages to offer a lot more than the old i10. Despite growing in size, getting better looking and offering more, not just in terms of size, than the current/last i10, Hyundai are starting pricing for the new i10 at the same level as the old model – £8,345. The new i10 will come with a choice of two petrol engines – the 1.0 litre 3-cylinder with 65bhp and 0-62mph in 14.9 seconds and the 1.2 litre with 86bhp and a 0-62mph of 12.3 seconds – as well as a choice of three trim levels – S, SE and Premium.

Audi traffic light recognition technology to save you fuel

Audi has announced its online traffic light recognition system is now market ready. The idea of this is to help drivers hit green lights instead of red lights, thus saving both time and fuel. Called Audi Online Traffic Light Information, the technology was demonstrated in January at the Consumer Electronics Show (CES) in Las Vegas and testing is also under way in Verona and Berlin.