Pininfarina takeover would boost Magna expertise in key areas

Magna International Inc. would become a stronger competitor for design and development jobs if it takes over struggling car styling and engineering firm Pininfarina S.p.A., executives say. “Magna badly needs design competence, and Pininfarina has top staff,” said Paolo Tumminelli, CEO of Goodbrands GmbH, a brand and marketing consultancy based in Cologne, Germany.

First Lamborghini Huracans making £30k premiums

Lamborghini Huracan (pictured) fethcing premiums of up to £30k Tim Marlow, Director of Magnitude Finance, has revealed that two of their clients are amongst the first UK buyers due to get their car, and despite financing the purchase they’ve already decided to flip their car as soon as it arrives for a quick return. One has already secured a £27k premium for the car – which he won’t even bother to drive before he sells it on – and the expectation is that premiums could hit £30k in the first months after the Huracan arrives, such is demand for Lamborghini’s new supercar. But with UK dealers expecting just 4 cars each in 2014 (although Lamborghini London are getting a few more) those buyers who got in quick for an early delivery are sitting on a near 20 per cent profit as the less organised seek to get behind the wheel.

Mini Crossover Concept: the first photos

By Tim Pollard First Official Pictures 09 September 2008 23:00 Here's the first look at the new Mini Crossover Concept – proof, at last, that BMW will indeed build a 4x4, SUV-lite version of the Mini. The Crossover concept car will be shown at the 2008 Paris motor show (where else?) and previews the production Mini SUV due in 2010. Mini Crossover Concept: the first official pictures Pore over these first official photographs carefully, because the new Mini Crossover Concept shows closely how the trendy brand's new SUV is shaping up and also reveals how the future face of the Mini brand is evolving.