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Italy auctions government cars

OFFERS started rolling in on unneeded government Alfa Romeo, Lancia and BMW cars, which prime minister Matteo Renzi is auctioning off on eBay as a sign of his seriousness in tackling government waste. Renzi has pledged to sell 151 vehicles by April 16, saying he was taking a cue from the former mayor of Florence - himself - who auctioned off four cars early in his term. Besides cashing in, the government will save on upkeep, maintenance and running costs.

Lexus To Launch Sporty RC F Coupe At Goodwwod Festival Of Speed

JAPANESE premium car maker Lexus is to mark its attendance at next week’s Goodwood Festival of Speed by unveiling its latest sports coupe, the RC F. Due for launch in 2015, the RC F’s public debut won’t be restricted to a static display, as the car will also be driven up the famous Goodwood hill over the course of the festival weekend. At the car’s heart is a 5.0-litre, 450 horsepower petrol V8 motor, while trick electronics ensure its remains stable despite the considerable power available at the driver’s disposal.

Nissan expects to gain as Ford exits the compact-pickup segment

Nissan North America believes there is life in the compact pickup market that Ford Motor Co. is leaving behind. Especially now that Ford is leaving it behind.