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Fiat 500e EV LOSES $14,000 on every one sold – so please don’t buy, says Marchionne

Fiat lose $14,000 on every electric 500e The electric Fiat 500e arrived as a concept at the Detroit Auto Show in 2010 and finally arrived as a production reality at the Los Angeles Show in 2012 before going on sale in the US. The 500e is an appealing little car for zapping around town, especially if you only do a relatively low mileage every day and have somewhere to plug it in. But it is rather expensive.

Lexus takes Gen XY on a 'Dark Ride'

Lexus' small CT 200h hybrid won't go on sale until February, but a short online movie called Dark Ride is already promoting the vehicle and reaching out to younger buyers. Lexus and its ad agency, Skinny, aim to generate excitement among consumers 16 to 44 -- known as Gen XY. That demographic is a far cry from the median age of Lexus' owners -- 57.

Koenigsegg Trevita revealed

The new Koenigsegg Trevita, with diamond finish Carbon Fibre This is the first time that Koenigsegg’s visible carbon weave has been produced in anything other than bog-standard black. But in the Treviat it looks stunning – it shimmers in a  way its namesake would be proud of. The CCXR Trevita will – we assume – come with the same bio-fuel engine as the CCXR Edition, as Koenigsegg has told us that this car will produce the same mammoth 1018 bhp, and sub-3 second 0-60, as the Edition.