1980 Oldsmobile Cutlass Hood Emblem Badge 13-0710f on 2040-parts.com

Is Ferrari for sale?

Reports out of Europe have Fiat considering selling a big chunk of Ferrari S.p.A. to raise cash so it can increase its stake in Chrysler Group to 51 percent. The Italian newspaper Il Corriere della Sera said it has gathered information at Fiat’s Turin headquarters and reported Fiat wants to raise cash to fund buying 51 percent of Chrysler, up from the 20 percent it owns now.

LA Motor Show: Jaguar F-Type coupe to cost £7,000 less than convertible

JAGUAR’S stunning new F-Type coupe will cost from £51,235 when it goes on sale in the UK in the spring. The hard-top version of a car that has already taken the motoring world by storm will add a second model variant to the line-up, aimed not just at owners of the Porsche Cayman and even the 911, but also at previous owners of Jaguar’s own XK. Jaguar has used its media event at the Tokyo motor show to announce full pricing structures, with the entry-level F-Type coupe costing more than £7,000 less than the equivalent convertible.

Weather still causing commuter chaos

COMMUTERS had a miserable return to work today as bad weather continued to cause havoc to road travel. A number of major road routes were affected by flooding or by fallen trees, while one lane was closed on the M48 Severn Bridge due to strong winds and a section of the M77 in Glasgow was closed because of flooding. A landslip at Hawick on the Scottish Borders led to hold-ups on the A7, while a section of the A36 in Hampshire was closed due to a fallen tree and fallen power cables.