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Fiat 500e EV LOSES $14,000 on every one sold – so please don’t buy, says Marchionne

Fiat lose $14,000 on every electric 500e The electric Fiat 500e arrived as a concept at the Detroit Auto Show in 2010 and finally arrived as a production reality at the Los Angeles Show in 2012 before going on sale in the US. The 500e is an appealing little car for zapping around town, especially if you only do a relatively low mileage every day and have somewhere to plug it in. But it is rather expensive.

Baby Range Rover confirmed in Land Rover shake-up

By Phil McNamara Motor Industry 24 September 2009 11:08 The shake up at Jaguar/Land Rover continues, with a consolidation of the brands’ Midlands manufacturing facilities announced alongside plans for more vehicles. The headline news is that Land Rover’s Solihull factory and Jaguar’s Castle Bromwich plant will be amalgamated over the next 10 years. JLR promises there will be no compulsory redundancies, and the industrial logic is compelling: consolidating production of the Range Rover/Discovery and XJ/XK/XF lines will bring around 200,000 vehicles together under one roof – still 100,000 fewer cars than Mini builds a year down in Oxford. The move will reduce JLR’s fixed costs, provide room to grow and give greater flexibility to meet the natural ebb and flow of demand. JLR has also confirmed production of the LRX, the baby Range Rover.

Toyota's Akio Toyoda flies solo at media event, in change of style

It was as much a change for Akio Toyoda as it was for Toyota Motor Corp. In unveiling the company's new mid-term business plan this week, the media-shy president flew solo at a news conference without the usual safety net of being flanked by his top brass. The move was a departure for Toyoda, who -- in his two years as president -- has tended to divert technical or detailed questions to a panel of executives sharing stage with him.