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Electric Fiat 500e costs the same as 500 Pop – in the US
Sat, 13 Apr 2013Sergio Marchionne reckoned Fiat would lose £7k on every 500e they sell, but that may be a very conservative estimate judging by the deal Fiat has put together for the 500e in California, where it’s just launched. For a very modest down-payment of £650 and then £130 a month, you can drive off in a brand new Fiat 500e. That’s exactly the same deal Fiat offers on the 500 Pop – a car that cost under £10k in the UK – making the 500e the first EV we’ve come across where costs are sensible.
Mazda CX-5 gets new trim levels
Wed, 09 Oct 2013Mazda CX-5 gets new trim levels When car makers come up with trim specifications for their models, they do so in a way that gives easy stepping stones in equipment levels, from hair shirt to over the top. They also expect that many buyers will pay a visit to the options list to add in a few extra goodies to the standard spec, but it looks like Mazda has been getting the same request repeatedly from buyers of the CX-5 compact SUV – give us a sunroof and leather. Until now, the only way to get sunroof and leather was to opt for the range-topping Sport trim – which costs from £27.5k – but now Mazda has added two trim levels beneath the Sport - SE-L Lux and SE-L Lux Nav – which come already equipped with the two most requested extras.
CPP comments as investor Vladimir Antonov loses his bank. Arrest warrant issued.
Thu, 24 Nov 2011Vladimir Antonov - Arrest warrant issued over Snoras Bank collapse Russian businessman Vladimir Antonov has been busy buying up a raft of car companies (and Portsmouth FC) in recent years. But there are now big questions about how he financed that. Vladimir Antonov is the main shareholder in Lithuanian Snoras bank (he owns 68 per cent) and in Latvijas Krajbanka via a 60 per cent stake owned by Snoras.