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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.

Mitsubishi Prototype-S sketches

By Tim Pollard First Official Pictures 28 January 2008 10:13 Fancy a cut-price Mondeo? Mitsubishi is readying a hatchback version of its Lancer family car for launch later this year – and will drop a few clues with this Prototype-S at the Geneva Motor Show in March 2008. Called Lancer Sportback, the production car will be a classic five-door, although you can bank on removing the wilder excesses of the side sills, aggressive snout spoiler and bonnet air vents on bread-and-butter models.

Kia readies new minivan after Sedona exits in 2013

Kia has dropped its Sedona minivan for the 2013 model year, but the automaker expects to return to the segment. Kia spokesman James Hope confirmed the Sedona's departure. He said Kia likely will field another people mover but he declined to say when or what it might look like.