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P1 reborn: the return of the P1 supercar club

There's been a whopping great global recession, in case you hadn't noticed. P1, which was Britain's original supercar club, was struggling to repay asset finance repayments of £100,000 a month to fund its fleet of droolworthy cars – and nobody would buy supercars when P1 tried to sell. The market for top-end cars had frozen at the exact time that P1 most desperately needed the dosh.Eventually the banks called the loans in, as they had identified the supercar market as wobbly business they didn't want during a banking crisis.

2012 Mazda CX-5 priced from £21,395

The 2012 Mazda CX-5 will cost from £21,395 The 2012 Mazda CX-5 crossover SUV will cost from £21,395, says Mazda UK. Choice of 18 models, 2WD and 4WD, diesel and petrol. The 2012 Mazda CX-5 arrived officially at the Frankfurt Motor Show last year and now, with it set to arrive in UK showrooms in the spring and order books open, Mazda has revealed details of the CX-5 models on offer in the UK, and their price. The CX-5 is the first production Mazda to get the new SkyActiv technology in the two engines on offer – a 2.0 litre petrol with 165PS and a 2.2 litre diesel with either 150PS or 175PS – with options of either 2WD or 4WD, manual or automatic gearboxes and four trim levels - SE-L, SE-L Nav, Sport and Sport Nav.

First Fiat 500s will have stick shifts

The 2012 Fiat 500 , heading to U.S. dealerships later than first expected, is enduring another hiccup: The first units arriving in dealerships in late February will have manual transmissions, the company said. Moreover, only about 20 percent of the 130 Fiat dealerships will be open when those first cars arrive, said Laura Soave, head of the Fiat brand in North America, at the Detroit auto show last week.