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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.

White Van Man 'worst for tailgating'

MOTORISTS should beware of White Van Man on their tail, according to a survey of thousands of accidents. Van drivers were 47% more likely to be involved in a crash when they were following other drivers too closely, the survey by AXA Business Insurance found. The survey also found van drivers were much more likely than other drivers to crash while reversing, doing a U-turn and changing lanes, while they were more liable than other road users to get tired or distracted.

Ferrari F150: New Enzo to cost €1-1.1m, 499 cars, delivery starts October 2013

The new Enzo Ferrari – the F150 – will arrive at Geneva, cost €1-1.1m Euros, just 499 will be built and delivery starts in October. We know for sure that the new McLaren P1 will come with 903bhp courtesy of a ‘hybrid’ boost, and it seems likely the new Enzo – the Ferrari F150, until we get the proper name – will usurp that with somewhere between 920 and 950bhp from its V12 plus electric boost. But now we know a bit more.