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Channel 4′s 4Car to close

Car website 4Car is to close at the end of the year. Despite the British love of cars, there really aren’t a huge number of car web sites that make an impact. And certainly not car websites that aren’t linked to either classified ads or existing car magazines.

Alfa Romeo is not for sale, Fiat chairman says

Fiat will not sell its Alfa Romeo unit and plans to relaunch the brand in the United States in late 2012, top Fiat executives said. “We would not sell Alfa even if we were offered tons of money,” Fiat chairman John Elkann told reporters at the Detroit auto show on Monday. Fiat and Chrysler CEO Sergio Marchionne said: “Alfa is part of Fiat's operational perimeter and we've already invested too much to get rid of it.” Volkswagen AG is rumored to be pursuing Alfa Romeo.

BMW M5 (2011) the first official video

BMW has started its hype generator for the upcoming M5, with this first online teaser video. I'm at the office and can't watch the footage right now – what can we see of the new BMW M5?  It's officially called a 'first glimpse', and in and amongst shots of a partially-camouflaged prototype M5 roaring through a tunnel and powersliding along a snowy test track, M Division boss Dr Kay Siegler appears talking about the new car in the workshop of M HQ. Segler introduces the new M5 as 'a bold business car, which at the touch of a button, becomes a sports car'. The new BMW M5 - the lowdown The new F10M-spec M5 is downsizing from the E60's 5.0-litre V10 for the same 550bhp 4.4 litre twin-turbo V8 found in the X5M and X6M. But rather than the torque convertor autos used by the SUV pair, the new motor is mated to a beefed-up version of the the seven-speed M-DCT double-clutch transmission currently serving in the M3.