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Latest news on Fiat's plan to gobble up GM-Europe

By Tim Pollard Motor Industry 15 May 2009 10:18 With just over a fortnight until General Motors’ fate is sealed, moves to rescue GM’s European car making division are accelerating. Fiat – already named as the Obama-blessed partner for bankrupt Chrysler in the US – is now wooing Opel, Vauxhall and Saab in Europe. If successful, Fiat would overnight become the second biggest car making business in the world.

Fiat 500L five-door spotted

Autoweek spotted this manufacturer-plated Fiat 500L earlier this week on the streets of suburban Detroit. With its round headlights and cheerful grille, the five-door hatchback's resemblance to its three-door cousin is apparent even under its coat of liberally applied camouflage. While the 500L and the smaller 500 models share similar styling cues, the subcompact hatch is not just a slightly stretched 500 with two extra doors.

Used cars 'getting cheaper'

CONSUMERS holding on to their motor for longer are driving down the cost of used cars, according to new research. The average price for a second-hand car in July-September 2011 was £8,870 - a 2.4% decline compared with the same period a year ago, according to the Auto Trader company. It is the first time the price has dipped below £9,000 since the company started tracking the market in January 2010.