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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.

Honda Jazz Hybrid (2013) first official pictures

Honda city car gets a new hybrid drivetrain and dual-clutch gearbox – and a claimed 102.8mpg The new Honda Jazz Hybrid has been revealed, with massive improvements in fuel economy for the smartly packaged and keenly priced urban runabout. Its 102.8mpg (UK) claim puts the current Jazz Hybrid’s figure of 62.8mpg in the shade, as well as that of the Toyota Yaris Hybrid with 81.0mpg. It will be shown at the Frankfurt motor show this September before arriving in UK showrooms in 2014.

Bertone B99 Jaguar NOT for Jaguar. Perhaps Lamborghini will be interested?

The Bertone B99 Jaguar Concept - not for us, say Jaguar We thought we were in a minority of one when we proclaimed the Bertone B99 – Bertone’s take on a new Small Jaguar – to be the wrong direction for Jaguar. We couldn’t conceive why a struggling Italian design firm like Bertone would take a punt on designing a new Jaguar, so we assumed that Jaguar must have quietly commissioned it. Otherwise Bertone would have to be a bit barking to try and usurp Jaguar’s design team; a design team with as sure a touch as any in the industry.