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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.

Texas man takes Bugatti for a swim

What do you get when you mix the fastest production car in the world and a distracted driver? A waterlogged Bugatti Veyron. A driver in Le Marque, Texas, was taking his 16-cylinder, 250-mph supercar for a drive on the back roads.

One Lap of the Web: A rally car drinks beer

-- Thierry Neuville was somewhere on his way back to the pits after finishing the final stage of the WRC Mexico when his Hyundai i20 rally car sprung a leak: The hole in the radiator was bleeding coolant at a frightening rate. If Neuville didn't make the 33 kilometers back, he would lose his second place standing behind Volkswagen and all would be lost. (Alas, them's the breaks in the sometimes-quixotic rulebook of the World Rally Championship.) Well, lucky for Neuville, his sponsors at Corona had presented him with a massive bottle of beer, which he then proceeded to pour into the radiator.