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.

Merc to revive straight six, plus 4cyl and smaller V8s

Mercedes has just signed off a new engine family which will see most full-sized Mercs in future run four-cylinders, downsized V8s and… straight sixes. A friendly Mercedes engineer recently met CAR to disclose the engine plans for future models, including the surprise disclosure that Merc plans to switch to straight sixes, like its rivals over in Munich.  It's fair to say I almost choked on my breakfast croissant when I found out the details of the next MB engine generation which has just been signed off for release in 2015. Mercedes' future four-cylinder engines Again, there will be a family of new low-cost fours, and the big-bore V8s will be replaced by a series of downsized turbocharged 4.0-litre units.

Qoros GQ3

The Qoros GQ3 has been revealed ahead of its Geneva show debut in March. The GQ3, a C-segment saloon set to rival the Skoda Octavia, was designed by Gert Hildebrand and his design teams in Shanghai and Munich. The front face features wide headlights that extend into the sides framing a broad grille, a template that will be continued on future Qoros models.