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New life for Lincoln from the ashes of Mercury

The demise of Mercury has one potentially positive outcome for the car world: a revitalization of Lincoln. News of Mercury's pending closure was paired with Ford's plans to boost Lincoln's lineup. Six new or significantly refreshed products will arrive in the next four years, and a seventh, the restyled MKX, is preparing for launch.

Chevrolet Volt prices announced

GM has revealed that the Volt hybrid could cost $33,500 (£21,000) in the US after government tax credits, making it nearly £2000 cheaper than Nissan’s Leaf electric car. The Volt’s List price is $41,000 (£26,300) but qualifies for a subsidy thanks to its low emissions. A basic Volt comes with Bluetooth and sat-nav but buyers can add leather seats and steering wheel, heated seats, rear camera, polished wheels and park assist.

Italy’s Supercar sales down 80% as Italy heads for 50 year car sales low

Sales of Supercars in Italy have dropped 80% in the last 5 years and car sales look set to drop to the lowest point since 1966. We all know the Eurozone is finally paying the price for stitching together powerhouse economies and basket case ones with the same blunt fiscal tools to control their economies. And even Italy – once a major Southern European economy – seems to be as big a basket case as Greece and Cyprus if you start to dig a bit.