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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.

Mystery Mercedes 600 six-door Landaulet heads to auction

There are ambitious project cars, and then there is this: a 1971 Mercedes-Benz600 Six-Door Pullman Landaulet that'll be offered at RM Auctions' Retromobile sale in Paris on Feb. 5. One of just 26 built, this example was recently rescued from the state motor pool of an unnamed African country with the consignor unwilling to reveal the car's exact provenance.

Selling in the Motor City: RM Auctions hawks muscle cars, classic sheetmetal and even a boat at Detroit event

The steering wheel in a 1960 Cadillac Eldorado Biarritz convertible is surprisingly thin. It's oversized and humongously circular, but still startlingly narrow considering it directs a very bargelike Caddy. Oh, and the seats are fairly comfortable.