805320a03 Alpha/bravo Sender Kit 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.

Concept Car of the Week: Mitsubishi HSR (1987)

In 1987, Mitsubishi initiated a range of concept cars called HSR (High Speed Research) with the intention of creating a futuristic vision for the brand combining advanced technology, efficient power and aerodynamic design. The first concept car was designed for safely cruising on the motorway at very high speed, thanks to cutting edge electronics. The car's internal computers measured speed, weather, driver input and grip, and adjusted the 4-wheel drive system and the 4-wheel steering automatically.

Audi traffic light recognition technology to save you fuel

Audi has announced its online traffic light recognition system is now market ready. The idea of this is to help drivers hit green lights instead of red lights, thus saving both time and fuel. Called Audi Online Traffic Light Information, the technology was demonstrated in January at the Consumer Electronics Show (CES) in Las Vegas and testing is also under way in Verona and Berlin.