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Audi A3 is the 2014 World Car of the Year

The Audi A3 (pictured) is the 2014 World Car of the Year The New York Auto Show is the place where the World Car of the Year winner is announced, so with the show now underway comes the news that it’s the Audi A3 that’s grabbed the gong for the best car in the world in 2014. It’s the second time Audi has won the award – the Audi A6 won in 2005 – and probably holds up a mirror to the changing face of the world’s car landscape; more compact, ‘Premium’ cars are now the most favoured buy. But really, the Audi A3 isn’t just a single car.

2013 Ford Mondeo: Paris 2012

Ford has given the new Mondeo its first public outing at the 2012 Paris Motor Show, and it looks a good effort. But the new 2013 Ford Mondeo no longer has the advantage of being a default buy for families, so Ford are working hard to make the Mondeo stand out from the mainstream offerings in the C/D segment by making it appear to more ‘Premium’ than just a mere Ford. That means a new nose – a nose that looks like it belongs on an Aston Martin – and a clever range of technology and engines that actually offer more – and for less – than most of the premium car makers can manage.

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.