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Fiat wants a crossover to compete against the Volkswagen Golf

Fiat has decided it won't launch a new conventional hatchback to rival the Volkswagen Golf, Europe's best-selling car. Instead, Fiat CEO Sergio Marchionne wants the Italian automaker to replace its slow-selling Bravo compact hatchback with an all-new high-roof crossover inspired by the hot-selling Nissan Qashqai. Marchionne first hinted at Fiat's plan to make the bold product move at the Detroit auto show in January.

Nissan Qazana at Geneva

That well-known Geordie company Nissan, has announced that the concept for a new mini crossover called the Nissa Qazana will be shown at Geneva. So how does that help the workers at Sunderland? Simple – that’s where they’re going to make it.

Lamborghini reports drop in profits

Lamborghini has announced a pre-tax loss of £32m for 2009 as the world recession led to a slump in supercar sales. Lambo delivered 1515 supercars last year, down 38% from 2008's 2430.  Turnover dropped 41% to £215m. It's a far cry from the dizzy heights of the boom years.