Toyota Corona 3rc 1965-1969 Rear Brake Wheel Cylinder Rare Mede In Japan on 2040-parts.com

Design Contest: Ferrari 'New Concepts of the Myth'

Automotive design students from all over the world gathered in Maranello this week for the award ceremony of the 'Ferrari - New Concepts of the Myth' design competition. The winners were announced and awarded their prizes at Galleria Ferrari, within walking distance of Ferrari headquarters and Ferrari's Fiorano test track. The coveted prizes are six months of exciting and very demanding work at Ferrari and Pininfarina creative centres, under the leadership of Ferrari's Donato Coco (in Maranello) and Pininfarina's Ken Okuyama (in Torino).

Porsche finally becomes a VW company

Volkswagen has announced it is to finalise its takeover of Porsche by buying the remaining 50.1 per cent of Porsche stock for €4.46 billion. The takeover of Porsche by VW has been a long and rocky road, but then family fallouts are always messy. It all started with Porsche attempting to consume VW, but some clever manoeuvring by Ferdinand Piech thwarted the efforts of his cousin, Wolfgang Porsche, to swallow up his business and the financial crisis saw Porsche rack up €10 billion in debt in the process.

London Black Taxi maker Manganese Bronze in administration

Manganese Bronze – makers of the London Black Cab – has called in administrators after failing to secure funding following a TX4 recall. Manganese Bronze – makers of the iconic London Black Cab – has had a pretty torrid few years. They sold a chunk of their shares in LTI (London Taxis International) to China’s Geely after years of failure to invest in their taxis left them struggling for sales, cash and turnover.