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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.

U.S. Car Makers bailout fails

This is a really difficult one. Do you save the U.S. car makers from oblivion, or do you use taxpayers money to rescue them?

Concorso Italiano: A new section of last year's course, great cars and everyone's happy

More room, flatter fairways, more cool cars and even a section of barn finds and beaters made this year's Concorso Italiano one of the best ever. As you may recall from the 26- or 28-year history of this perennial classic, recent servings of Concorso Italiano have been a little up and down, with venue changes and field sizes that didn't always show these great cars in their fullest possible glory. There were the buses that took us around the first year of the Black Horse golf course, followed by the year of the cold, hard cement of the Marina Airport, and then the box canyon of last year's show.