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Fiat's Montezemolo plans to quit as chairman, sources say

Fiat S.p.A. Chairman Luca Cordero di Montezemolo will quit as company chairman to go into politics, three sources close to the company said. Montezemolo is set to stay on Fiat group's board, as well as remain chairman of the company's Ferrari sports car subsidiary.

Peugeot 208 Hybrid FE (2013) at Frankfurt motor show

Here’s Peugeot’s salvo in the fight to make cars more economical: the 208 Hybrid FE. The supermini concept can achieve a claimed average of 112mpg (and a maximum of 141mpg), and emits only 49g/km of CO2. Peugeot is especially keen to point out it’s a conventionally shaped supermini with five seats, unlike VW’s own super-frugal XL1, which looks decidedly sci-fi in comparison, but has a smaller boot than a Ferrari 458… The 208 FE is 25% slipperier and 20% lighter than a regular 208, but that’s only part of the reason it allegedly achieves such eye-opening numbers at the pumps.

Hot laps: BMW 435i vs M3 winter tyre test 3

By Ben Barry First Official Pictures 31 January 2014 08:50 How much difference can winter tyres make to your car’s performance and safety? In snowy conditions, choosing between winter and summer tyres is like choosing between crampons and slippers, but plenty of British winters pass with barely a flake touching the ground. So it’s understandable that most of us are reluctant to fork out for winter tyres.