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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.

Campaigners oppose CCTV parking camera ban

CAMPAIGN groups have joined local authorities in warning against plans to ban CCTV parking cameras. The Local Government Association (LGA) and the groups are opposed to Government plans to stop councils from using CCTV to tackle dangerous parking outside schools. The cameras are being used to prevent drivers blocking bus lanes and loading bays and to stop pavement parkers posing a risk to disabled pedestrians.

Lexus To Launch Sporty RC F Coupe At Goodwwod Festival Of Speed

JAPANESE premium car maker Lexus is to mark its attendance at next week’s Goodwood Festival of Speed by unveiling its latest sports coupe, the RC F. Due for launch in 2015, the RC F’s public debut won’t be restricted to a static display, as the car will also be driven up the famous Goodwood hill over the course of the festival weekend. At the car’s heart is a 5.0-litre, 450 horsepower petrol V8 motor, while trick electronics ensure its remains stable despite the considerable power available at the driver’s disposal.