Standard Ch409t Distributor Cap on 2040-parts.com

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.

Asda sparks new fuel price cuts

SUPERMARKET Asda has sparked a likely petrol price war by announcing further cuts. Asda said that drivers filling up at its forecourts from tomorrow (Wednesday) will pay no more than 126.7p a litre for petrol, with diesel priced at 133.7p. Jeremy Walton, head of petrol trading at Asda, said: "Our shoppers don't have to figure out complicated deals and collect vouchers to get the best price; they simply pay what they see at the pump.

Lexus IS 220d gets more frugal

Lexus is the latest car maker to have a play and a tweak, and it has just announced revisions to the Lexus IS 220d, which means more miles, for less fuel and lower emissions without any decrease in performance or increase in price. Hard to argue with. Lexus IS 220d - Now cheaper to run Lexus has managed to bring the Co2 emissions on the Lexus IS 220d down from the previous 163g/km to 148g/km.