2006 Isx Cummins Exhaust Manifold 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.

Maserati banks on Chrysler to boost global sales

Fiat CEO Sergio Marchionne has bold plans for the automaker's Maserati luxury sports car unit: to boost annual sales almost tenfold to 50,000 units from 5,675 last year. Three new models are key to this midterm goal and all are based on systems and components from Chrysler Group. Maserati will introduce two new sedans to replace its Quattroporte flagship model using technology from Chrysler's large sedans such as the Chrysler 300 and the Dodge Avenger.

Car Insurance ‘Black Box’ a good idea? We find out.

We’ve been testing a new ‘Telematics’ App from Confused.com which mimics the ‘Black Box’ technology insurers are offering in an attempt to make car insurance cheaper. The inexorable rise and rise of car insurance premiums is a fact of life, and will continue until government gets a handle on ambulance-chasing lawyers and the UK’s idiotic whiplash claims industry. But if you’re looking to find a way to cut your insurance premiums, then having a ‘Black ‘Box’ fitted to your car to monitor your driving so you get charged for how much – and how well – you drive looks a promising idea.