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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 Mercedes CLA: First photos

We have the first photos of the production version of the new Mercedes CLA due to debut at the 2013 Detroit Auto Show. The photos are quite stylised, but they do look like the real deal. They also look like they’re a version of the new CLA sporting the AMG Styling Packs rather than photos of the CLA 45 AMG (the CLA 45 AMG won’t arrive until Frankfurt 2013).

Lamborghini Aventador LP720-4 50° Anniversario (2013) first pictures

Lamborghini will build 100 examples of this special edition Aventador to celebrate its fiftieth anniversary this year. Called the Lamborghini Aventador LP720-4 50° Anniversario, the car features an uprated engine, aggressive aerodynamic addenda and bespoke interior treatment. What's changed for the Lamborghini Aventador LP720-4 50° Anniversario?