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Alfa Romeo 4C arrives stateside in New York

Not long after the last transport departed New York Harbor with a cargo of unsold 164s, an Alfa Romeo executive was probably quoted as saying, "we will return next year!" We have been eagerly anticipating the return of Alfa Romeo for the last 19 years, long enough for the last Milano to rust whence it came, every year the brand just another year away! Well, this year -- yes, this year, finally, no really -- the Alfa Romeo 4C heralds the brand's reintroduction to America -- just as it did last year, remember -- as early as this summer. You'll have to forgive us for such skepticism -- we've been burned by our desire to invoke Italian driving passion and all that, but it's also hurting the Fiat dealers who scrape by on a lack of product.

Ford readying 350bhp Focus RS500

The Ford Focus RS is about to get faster. Next week the Blue Oval will unveil a limited edition Focus RS500 with close to 350bhp. Ahead of the reveal Ford has launched microsite with a video of the RS500 being driven round its Lommel Proving Ground in Belgium.

CPP comments as investor Vladimir Antonov loses his bank. Arrest warrant issued.

Vladimir 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.