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Fiat 500e EV LOSES $14,000 on every one sold – so please don’t buy, says Marchionne

Fiat lose $14,000 on every electric 500e The electric Fiat 500e arrived as a concept at the Detroit Auto Show in 2010 and finally arrived as a production reality at the Los Angeles Show in 2012 before going on sale in the US. The 500e is an appealing little car for zapping around town, especially if you only do a relatively low mileage every day and have somewhere to plug it in. But it is rather expensive.

New Infiniti Q50 2.0 litre Turbo – Price from £31,755

New Infiniti Q50 2.0 litre Turbo costs from £31,755 The Infiniti Q50 should be Infiniti’s best chance to convince buyers Infiniti is a viable option in the premium sector and a sensible alternative to the BMW 3 Series. That perception will be helped – a bit – by the arrival of the Infinito Q50 with another engine option, this one a 2.0 litre Turbo petrol with 211 bhp, which comes with a seven-speed automatic as standard. Oddly, Infiniti are shy of delivering any performance or economy data for the new 2.0 litre Turbo, so we’re guessing the figures don’t really impress too much.

Volkswagen to launch new large SUV in USA

Volkswagen has revealed plans to invest $7 billion (£4.2 billion) in North America, with the launch of a new SUV in 2016. The midsize SUV will take Volkswagen towards it goal of selling 1 million cars a year stateside by 2018. On Bing: see pictures of the Volkswagen CrossBlue concept Find out how much a used Volkswagen SUV costs on Auto Trader The seven-seat SUV is based on the CrossBlue concept, seen at the Detroit Motor Show last year.