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2014 Renault Megane Facelift: Price from £16,745 to £26,925

The facelifted Renault Megane (pictured) costs from £16,745 Renault has given the Megane a bit of a facelift for 2014, and the tweaked Megane debuted at the Frankfurt Motor Show in September. Now the new Megane has gone on sale in the UK – as a Hatchback, Coupe and Sport Tourer – with prices starting at £16,745 for the Expression+ 1.6 VVT 110 Hatch, rising to £26,925 for the Renaultsport 265 Coupe. The changes wrought by Renault for the Megane are relatively minor, with a new family nose (a lot like the new Clio), new lights, tweaked bonnet, new Renault badge and some very minor interior changes including the addition of Renault’s R-Link Media system as an option.

Ferrari F70 (new Enzo) 2012 debut confirmed

Ferrari F70 - the new Enzo - 2012 debut Ferrari boss Luca di Montezemolo has confirmed the arrival of the new hybrid Enzo – the Ferrari F70 – before the end of 2012. Back in February we were able to report on what we can almost certainly expect from the new Ferrari Enzo (which will probably go back to the F40/F50 model designation as the F70), perhaps most importantly that it will have a hybrid powertrain and be revealed this year. That has now been confirmed by Ferrari boss Luca di Montezemolo as he reported on Ferrari’s sales performance.

Chrysler's main creditors reach deal with U.S.; others hold out

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.