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Sergio Marchionne warns of strife ahead in Europe

Fiat chief exec Sergio Marchionne today warned of troubled waters ahead as Europe's car makers prepare for a radical restructuring. Marchionne, who's the current president of trade body ACEA, said factory closures were looming and repeated his call for a concerted EU-wide response to overcapacity. He warned that national interest was blocking action to strip out excess capacity, caused after European new car demand crashed by 3 million in the past five years.

Audi RS5 TDI Concept gets electric turbo and 380bhp

The Audi RS5 TDI Concept (pictured) gets an electric turbo It’s two years since Audi revealed it was working on an electric turbo to be used in a twin-turbo setup, with the electric turbo able to offer boost pressure from much lower down the rev range than a normal turbo. That has turned in to the Audi RS5 TDI Concept, where Audi has replaced the normal RS5‘s V8 with a 3.0 litre TDI engine with a small electric turbo for low rev work and a bigger turbo to do the higher rev stuff. The electric turbo works from the off to provide maximum torque of 553lb/ft from just 1250rpm, before the bigger normal turbo takes over at 3,000rpm to continue the boost.

Holden reveals VF Commodore SS V before Chevy SS bows

General Motors’ Australian arm, Holden, revealed the new VF Commodore SS V before its brother-in-arms, the Chevy SS, gets revealed this weekend at Daytona. The show car is finished in a color named Fantale orange metallic. Unfortunately, Holden and GM kept hidden the most exciting parts of the new full-size, rear-drive platform: the engine and price.