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Fiat to spend big, dump the Punto & revive flagging fortunes by going upmarket

Fiat Punto to be axed as Fiat moves upmarket Fiat are having a very rocky ride as the Italian economy lurchges from one crisis to another. But Sergio Marchionne has a plan to put Fiat back on track. Spending of €9 billion over the next three years is planned to revive production in Italy, rationalise the Fiat range and continue to push upmarket with Maserati and Alfa Romeo.

Cadillac may get future rear-drive hybrids

General Motors' two mode hybrid powertrain, used only in trucks, will migrate to rear-drive cars in the next generation, said Tom Stephens, GM's vice chairman of global product operations. Two likely candidates: Cadillacs, says consultant Jim Hall of 2953 Analytics in suburban Detroit. Last month, GM said it is developing an electric motor that is 25 percent smaller and 20 percent more powerful than the motor used in today's two mode hybrid full-sized trucks.

Hydrogen Car Highway for London

London to develop a Hydrogen Highway The plan is fairly small scale, but it’s a start. As part of the scheme Boris is assembling a small fleet of 150 cars, 20 black cabs and 5 buses all running on Hydrogen. In typical Boris style he said he wants Britain to become a ‘World leader in Fuel Cell Technology’ with the aim of having one in three cars in the UK running on hydrogen fuel cells in twenty years.