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De Tomaso fails to sell

The De Tomaso brand failed to attract a bid in auction this week But it appears that the liquidators for the De Tomaso assetts have already disposed of the factory and land, and this week the brand and trademarks were on the auction block, with a starting price of  €1.6 million. But there were no takers. Not one.

2014 Fiat 500 UK price and specs – costs from £10,160

The 2014 Fiat 500 arrives in the UK It’s hard to update a car that’s already a pastiche of an original, so Fiat has been very cautious with the updates for the Fiat 500 for 2014, although there are some welcome improvements. One modern change is the arrival of a 7″ TFT digital instrument display – standard on the 500S and 500 CULT and optional on 500 Lounge versions – which does a good job of mimicking the 500′s analogue instruments but with a central section that can be configured to display stuff like trip information and allows for more detailed information on everything from gear shifts to SatNav info (where specced). The biggest mechanical update comes with the arrival of a 104bhp version of the 0.9 litre TwinAir engine promising 0-62mph in 10 seconds (and it’ll feel a lot quicker) and official economy of 67.3mpg (you’ll get a lot less).

General Motors board delays decision on favored Opel bidder

General Motors Co.'s new board of directors made no recommendation in favor of one of the two rival bidders for Opel, the company said on Tuesday. The board has been updated on the Opel sale process but because talks are continuing with Magna International and Belgian investment company RHJ International, no recommendation has been made, GM said in a brief statement. GM's new board of directors was expected to choose one of the two bidders at a meeting on Monday evening.