3852464 908929 V-belt-power Steering Omc Sterndrive/cobra, Volvo on 2040-parts.com

Alfa Romeo is not for sale, Fiat chairman says

Fiat will not sell its Alfa Romeo unit and plans to relaunch the brand in the United States in late 2012, top Fiat executives said. “We would not sell Alfa even if we were offered tons of money,” Fiat chairman John Elkann told reporters at the Detroit auto show on Monday. Fiat and Chrysler CEO Sergio Marchionne said: “Alfa is part of Fiat's operational perimeter and we've already invested too much to get rid of it.” Volkswagen AG is rumored to be pursuing Alfa Romeo.

M25 shut again as lorry overturns

TRAFFIC CHAOS has been brought to one of Britain's busiest motorways after the M25 has had to be closed for the second time in three days - again due to a serious accident involving an overturned lorry. Today's incident, which is resulting in long tailbacks, has resulted in injuries to two people, with one in a critical condition, police said. The stretch of road shut is the M25 between junction 23 at South Mimms in Hertfordshire and junction 25 at the junction with the A10 north of Enfield in north London.

Jaguar Land Rover’s Saudi Arabia plans move closer

Jaguar Land Rover has signed a letter of intent with the government of Saudi Arabia to build and operate a production facility in the Kingdom. When we reported in September that Jaguar Land Rover were contemplating building a production plant next to a new  aluminium smelting plant in Saudi Arabia, we thought it was a way off. But it’s not as far away as we thought.