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Fiat to spend big, dump the Punto & revive flagging fortunes by going upmarket
Tue, 10 Dec 2013Fiat Punto to be axed as Fiat moves upmarket Fiat are having a very rocky ride as the Italian economy lurchges from one crisis to another. But Sergio Marchionne has a plan to put Fiat back on track. Spending of €9 billion over the next three years is planned to revive production in Italy, rationalise the Fiat range and continue to push upmarket with Maserati and Alfa Romeo.
Peugeot 2008 crossover (2013) first pictures of new Juke rival
Mon, 07 Jan 2013Should Nissan's Juke, Vauxhall's new Mokka and the upcoming Ford Ecosport be worried about a French revolution? This is the new Peugeot 2008, the latest so-called 'compact crossover' to take supermini genes and add an extra helping of ride height and ruggedness. First previewed as a lurid green concept at the 2012 Paris motor show, the production 2008 tones down the show car's angular lights and massive wheels, but sticks true to the idea of a taller, roomier 208 supermini.
Italy auctions government cars
Fri, 28 Mar 2014OFFERS started rolling in on unneeded government Alfa Romeo, Lancia and BMW cars, which prime minister Matteo Renzi is auctioning off on eBay as a sign of his seriousness in tackling government waste. Renzi has pledged to sell 151 vehicles by April 16, saying he was taking a cue from the former mayor of Florence - himself - who auctioned off four cars early in his term. Besides cashing in, the government will save on upkeep, maintenance and running costs.