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Lexus IS-F and GS

By Tim Pollard Motor Shows 13 September 2007 04:18 Lexus ISF: the lowdown We’ve seen the ISF before, but it’s here again in Frankfurt ahead of its arrival in the UK in March 2008. Don’t think of this 400bhp 5.0 V8 as an M3 rival, officials warn. ‘It will be more refined and comfortable, rather than out and out sporty,’ said one.

EV maker Coda trims staff

Not much more could go wrong for electric-car maker Coda, which has struggled to sell its four-door EV in the United States since officially launching it here in March. But Web reports, first seen at www.plugincars.com, say the company laid off 50 employees, or 15 percent of its workforce, last week, mostly in the sales and marketing departments. Efforts by Autoweek to contact Coda have not been successful.

Fiat gets approval to purchase Bertone coachbuilding business

Fiat S.p.A.'s bid for Carrozzeria Bertone S.p.A. was approved Thursday by the Italian government. Fiat will invest $215.9 million (150 million euros) over three years in the struggling contract manufacturer that has produced models ranging from the Lamborghini Miura to the Volkswagen Polo during its 96 years in business.