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Lexus start to tease the 2012 GS
Thu, 04 Aug 20112012 Lexus GS - the tease begins We’re looking forward to the 2012 Lexus GS because it seems as though Lexus finally accepts that their cars need to offer more than stunning build quality and a green halo. They need to appeal to the emotions. And the 2012 GS looks like it might.
Morgan to fight car firm ousting
Thu, 17 Oct 2013A FORMER SPORTS CAR chief has vowed to fight his removal from the board of the company his grandfather founded. Charles Morgan said he was appealing against the decision by Morgan Motor Company, which said he would no longer be a part of the managing team or the board of directors at Morgan Technologies, a subsidiary of the main company. Earlier this year, Mr Morgan stepped down as the Worcestershire-based company's managing director and became an ambassador for the brand started by his grandfather Henry Morgan in 1910.
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.