Lexus takes top spot in Kelley Blue Book's 2014 Best Resale Value Awards

We've always known that used Lexus vehicles keep their values well, and this fact has been recently reconfirmed for a third year in a row by Kelley Blue Book. Lexus took the top spot in the Luxury Brand category in the 2014 Best Resale Value awards, which was actually the fourth time overall that Lexus reached that spot, 2011 being the only year when Lexus didn't place first since the award's inception in 2009. Back In 2011 it was Subaru took took the award for Best Brand for resale values, while BMW took the Best Luxury Brand award for that year.

Sergio Marchionne warns of strife ahead in Europe

Fiat chief exec Sergio Marchionne today warned of troubled waters ahead as Europe's car makers prepare for a radical restructuring. Marchionne, who's the current president of trade body ACEA, said factory closures were looming and repeated his call for a concerted EU-wide response to overcapacity. He warned that national interest was blocking action to strip out excess capacity, caused after European new car demand crashed by 3 million in the past five years.

Porsche's new '911': the Cayenne fire engine

By Nick Eaton First Official Pictures 10 September 2008 10:13 Another day, another Porsche variant. Stuttgart's fire department has taken delivery of two red-hot Cayennes with a difference: they're emergency vehicles which have been specially tweaked by Porsche's Training Centre for the city's firemen. The Stuttgart fire service claims that the hilly topography of the city meant it needed all-terrain emergency vehicles, and the project was given to local firm Porsche because the Cayenne served up the firemen's needs for something that can go anywhere fast. Nothing at all with them wanting to arrive in style or make neeh-naah noises in a Porsche.