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Mitsubishi PX-MiEV Concept at Tokyo

The Mitsubishi PX-MiEV Concept - a hybrid crossover The ‘PX’ bit of the name is Mitsubishi’s code for Plug-in Hybrid Crossover (saves a bit of room on the boot lid), so the PX-MiEV gets a 1.6 litre 4-pot to drive the front wheels together with an electric motor. An additional electric motor is used to power the rear wheels when circumstances dictate. The PX-MiEV can also run for up to 30 miles in EV mode, after which it turns in to a hybrid to drive and recharge the batteries.

Is Ferrari for sale?

Reports out of Europe have Fiat considering selling a big chunk of Ferrari S.p.A. to raise cash so it can increase its stake in Chrysler Group to 51 percent. The Italian newspaper Il Corriere della Sera said it has gathered information at Fiat’s Turin headquarters and reported Fiat wants to raise cash to fund buying 51 percent of Chrysler, up from the 20 percent it owns now.

Mitsubishi's world debut at Paris

By Tim Pollard First Official Pictures 15 September 2008 09:37 Mitsubishi today released this mysterious teaser photo of a new car – thought to be the new Colt – that will make its world debut at next month's 2008 Paris motor show. It's hard to see much from the shadowy pixels that have been issued: it looks like a generic, modern Mitsu with the Lancer's deep grille and wedgy headlamps. CAR expects Mitsubishi to show a heavily revised Colt at the Paris show on 2 October 2008.