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Agnelli family member to become Fiat chairman

Fiat S.p.A. said that Agnelli family heir John Elkann will become chairman and that Italy's biggest carmaker will separate its car-making business from trucks and tractors. Elkann, 34, is the grandson of former chairman Giovanni Agnelli and is vice chairman and head of the family's holding company.

New Porsche Macan leaks out

New Porsche Macan leaks out Porsche has been on a mission to raise interest in the new Macan, and we’ve had teaser photos of the Macan and video of the new Macan playing on the sand dunes. Now we get the first undisguised photos. The Macan photos (above) are from Auto Motor und Sport magazine and leaked out online with almost three weeks to go until the Macan gets its official reveal in Los Angeles.

German new car sales drop 11 per cent – pre-reg accounts for 33.5 per cent

New car sales in Germany dropped by 11 per cent in September with pre-reg cars accounting for over a third of all sales. That drop of 11 per cent in Germany is despite deep discount offers – an average of 12.2 per cent in September – with even the previously invincible Mercedes and VW having to offer discounts of up to €3k, despite which VW’s sales fell by 20 per cent in Germany and Mercedes by 12 per cent. What’s perhaps most interesting about the decline in car sales in Germany is the number of pre-reg cars sold (pre reg cars are cars registered by dealers to hit sales targets and then sold at a discount of up to 25 per cent).