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Fiat to spend big, dump the Punto & revive flagging fortunes by going upmarket

Fiat Punto to be axed as Fiat moves upmarket Fiat are having a very rocky ride as the Italian economy lurchges from one crisis to another. But Sergio Marchionne has a plan to put Fiat back on track. Spending of €9 billion over the next three years is planned to revive production in Italy, rationalise the Fiat range and continue to push upmarket with Maserati and Alfa Romeo.

New Lexus NX Compact SUV ‘Grows’ on UK debut

The Lexus NX in a flower bed at Hampton Court The new Lexus NX – a compact take on the Lexus RX Hybrid SUV – arrived officially at the Beijing Motor Show in April and will cost from £24,495 when it arrives in the UK in October. Ahead of its official arrival in Lexus UK dealers, the NX has had its first public outing in the UK at the Royal Horticultural Society’s Hampton Court Palace Flower Show – the world’ largest annual flower show – where it was plonked somewhat incongruously in the middle of a flower bed (above). The NX was included in the ‘Inspire’ zone to showcase the NX’s contemporary design and technology and the debut was part of Lexus’s relationship with Quiet Mark, an international seal of approval from the Noise Abatement Society which encourages quiet technology.

Mercedes CLA & GLA will sell 60,000 a year in the USA

Mercedes are aiming to sell 30k CLAs in the US every year It’s not all that long since the only Mercedes car US car buyers actually took seriously was the Mercedes S-Class. But times have changed and the rise in fuel prices and the collapse of the US car market has seen US car buyers looking at more ‘compact’ cars as appealing buys. Which explains why smaller cars have suddenly become an appealing ‘must have’ for car makers selling in the US, even ‘premium’ car makers.