Firestone Tires Racing Sticker 4" on 2040-parts.com

Concept Car of the Week: AMC Amitron (1967)

While the American auto industry spent most of the late ‘60s creating huge barges powered by monstrous engines with loud decals on disco paint jobs, AMC believed in the future of compact cars, fuel economy, and go-faster stripes. Designed under Richard Teague's supervision, the quirky Amitron was unveiled in 1967 in a hotel in Detroit. Measuring less than 2,200mm long, it is 350mm shorter than a Smart Fortwo and its wide track gave room for three passengers seating abreast.

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.

Are Peugeot Citroen set to be bought out by GM?

Could GM take control of Peugeot Citroen? Last year we reported that Peugeot Citroen (PSA) and GM were forming a joint alliance to cut costs and develop new cars. But we questioned if the small savings of €2 billion a year from jointly developing new platforms and engines would do anything to stem the losses both companies were facing in Europe, and wondered if the only solution was a merger.