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Pininfarina design celebrated in London exhibition

The work of Italian design house Pininfarina will be celebrated in a dedicated exhibition as part of the International Architecture and Design Showcase, set to take place during the 2012 London Olympics. From 22 June to 15 July the ‘Pininfarina in London' exhibition will display the most prestigious products made in Italy including a Ferrari FF and a Maserati GranTurismo during the inauguration. Four sculptures in cedar wood – made by Riva 1920 – represent four Pininfarina design icons: the Cisitalia of 1947, the Dino of 1967, the Birdcage 75th of 2005 and the Cambiano, the concept car launched by Pininfarina in Geneva this year.

Camaro, Mustang, Challenger set for modern pony-car war

Forty summers ago was a magical time for performance-car enthusiasts--specifically for fans of high-horsepower pony cars. The summer of 1969 broke with Detroit in a high-octane horsepower war among the Big Three automakers. With the carmakers trying to outmuscle one another, the winners were the customers.

Toyoda says company is ‘grasping for salvation', fears big sales loss

Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.