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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.

Acura releases specs, photos of the ZDX

Acura confirmed specs and released more photos Monday of the new ZDX, which is scheduled to arrive this winter as a 2010 model. The ZDX is the vehicle being pitched as a “four-door sports coupe” and, as expected, will come with a 3.7-liter V6 engine making 300 hp and 270 lb-ft of torque. That's paired with a six-speed automatic transmission with paddle shifters.

VW's new modular platform could spark a revolution

MQB. Remember those letters. You might be hearing them a lot in the coming years if Ulrich Hackenberg's platform experiment works.