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Fiat 500L MPW stars at the 2013 Frankfurt Motor Show
Wed, 11 Sep 2013The Fiat 500L MPW – or Multi-Purpose Wagon, to give it its proper name – is making its debut here at Frankfurt 2013. Building on the lifestyle-orientated 500L, the MPW is meant for “living life to the full,” according to Fiat. As such, the 500L MPW (also known as the 500L Lounge on the continent) offers more practicality, with a ‘5+2’ seat configuration.
Ford Focus RS confirmed
Mon, 17 Dec 2007By First Official Pictures 17 December 2007 12:46 The on-again, off-again Ford Focus RS is now definitely on again. During a press event at the Race of Champions last night, Ford officially announced that a ‘no-compromise RS model’ would go on sale in 2009. And if you can’t wait that long then Ford has released this teaser picture of what the car could look like.
Pininfarina family to lose control of company
Wed, 15 Feb 2012The 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.