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Alfa Romeo will reportedly become standalone company

Fiat Chrysler Automobiles CEO Sergio Marchionne plans to turn Alfa Romeo into a standalone company, Automotive News Europe reports. Marchionne is expected to announce wide-ranging plans for the brand on May 6 which will see Alfa Romeo become a stand-alone legal entity within Fiat-Chrysler, with a publicly disclosed profit and loss statement. Alfa Romeo is currently part of Fiat Group Automobiles S.p.A., which also contains Lancia, Fiat Professional trucks and vans and the Abarth performance brand.

McLaren MP4-12C to cost £168,500

McLaren will charge £168,500 for the MP4-12C supercar in the UK. That's the new 2011 price, including the rise in VAT from 17.5% to 20% from 1 January. Today's news means that the MP4-12C will cost £1000 less than a Ferrari 458 Italia, its arch rival, at existing tax rates.

Infiniti getting more mileage out of their F1 sponsorship with the Q50 Eau Rouge Concept

The Infiniti Q50 Eau Rouge Concept (pictured) will debut at the Detroit Auto Show If, like Infiniti, you’re spending and arm and a leg sponsoring Red Bull in F1, you want to milk it for all it’s worth. So we’ve already seen Sebastian Vettel installed as Infiniti’s Director of Performance (we don’t expect he sits in on many board meetings) and the Infiniti FX Vettel Edition as a (not particularly) high performance version of Infiniti’s FX SUV. Now we’re getting a new model that Infiniti can hang the F1 connection on with a performance version of the Infiniti Q50 – the Infiniti Q50 Eau Rouge Concept – teased above ahead of a debut at the Detroit Auto Show in January.