Gates 42066 Water Pump on 2040-parts.com

Alfa Romeo is not for sale, Fiat chairman says

Fiat will not sell its Alfa Romeo unit and plans to relaunch the brand in the United States in late 2012, top Fiat executives said. “We would not sell Alfa even if we were offered tons of money,” Fiat chairman John Elkann told reporters at the Detroit auto show on Monday. Fiat and Chrysler CEO Sergio Marchionne said: “Alfa is part of Fiat's operational perimeter and we've already invested too much to get rid of it.” Volkswagen AG is rumored to be pursuing Alfa Romeo.

Peugeot 308 facelift (2011) first official pictures

It's facelift time for the Peugeot 308. The 2011 mid-life fillip  brings a modest refresh, with tweaked engines, the promise of emissions as low as 98g/km of CO2 and a raft of minor styling and spec enhancements. Although this is a minor facelift, the 308 is easily spotted by its new-era Peugeot look.

1957 Ferrari Testa Rossa could break auction record at Pebble Beach

Auction house Gooding & Co. will offer up two legendary sports-racing cars--a 1957 Ferrari 250 Testa Rossa Prototype and a 1963 Shelby Cobra 289 Factory Team Car, one of which might set a record price for a car sold at auction--at Gooding's sale Aug. 20-21 during the Pebble Beach Concours d'Elegance.