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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.

BAC Mono moves to Liverpool

The BAC Mono with brothers Brigg & Mayor of Liverpool (pictured) The BAC Mono is in the public eye this week after its impressive performance on Top Gear, but even without the publicity from Top Gear the brothers Brigg were already doing very well with the Mono. So well, they’ve been looking for new premises to continue their growth and have settled on a move from Cheshire to Liverpool (just up the road) and a new facility on the Speke Hall Industrial Estate in South Liverpool is set to become the new home of the Mono. BAC’s new home in Speke will be up and running by the autumn, will create an additional 60 jobs in the local economy – and more in the supply chain – and is expected to turn out more than 100 Monos a year by 2015.

Volvo Flywheel KERS hybrid on the way

Volvo Flywheel KERS - more power, less fuesl, low cost Volvo looks like it’s making a big jump ahead in the ongoing battle to make cars more economical, with plans to roll out a Hybrid Flywheel KERS system to boost performance and cut fuel consumption in the process The innovative system Volvo are trialing is similar in principle to the push-button boost used in Formula 1 cars. Volvo say that their efficient and lightweight system will give a four pot the feel of a six-pot and cut fuel consumption by up to 201% Which are claims we’ve head before when it comes to hybrid technology. And, as long as the car is driven in a very gentle fashion, many of the hybrid claims are true.