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Italian businessman buys Pininfarina plant for aluminum-vehicle project

Defeated twice in his attempts to buy Carrozzeria Bertone S.p.A., Gianmario Rossignolo has signed a preliminary deal to rent and run one of Pininfarina S.p.A. three plants. Rossignolo, 79, a flamboyant executive who worked at Fiat and Swedish ball-bearing maker SKF, needs the Pininfarina plant for its Innovation in Auto Industry S.p.A.

McLaren P1 (2013): powertrain revealed with 903bhp and electric driving

McLaren has revealed first details of the P1 supercar's hybrid powertrain. The headlines are: a combined 903bhp, 664lb ft, and the ability to drive 6.3 miles on zero-emission electric power. McLaren P1 powertrain: the details The engine is, as expected, an uprated version of the 12C's 3.8-litre twin-turbo V8.

Subaru XV

Subaru has revealed the new XV at the 2011 Frankfurt motor show, taking the company into the compact crossover segment for the first time. Like its concept precursor, the XV features a hexagonal grille and 'hawk eye' headlamps, designed to emphasize the vehicle's brand identity. Alloy wheels and cut-away cladding also aim to give the car a distinctive feel.