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Fiat gets approval to purchase Bertone coachbuilding business

Fiat S.p.A.'s bid for Carrozzeria Bertone S.p.A. was approved Thursday by the Italian government. Fiat will invest $215.9 million (150 million euros) over three years in the struggling contract manufacturer that has produced models ranging from the Lamborghini Miura to the Volkswagen Polo during its 96 years in business.

Surtees To Be Celebrated At Autosport International Show

HE MAY have missed out on a knighthood but John Surtees’ life in motorsport will be celebrated at the forthcoming Autosport International show. Marking the start of 50th anniversary celebrations of the British legend’s 1964 Formula One World Championship win, his title-winning Ferrari 158 leads a special display at the show, which runs from 9th to 12th of January at the National Exhibition Centre, Birmingham. After taking seven motorcycle Road Racing World Championships, Surtees became the first man to win world championships on both two and four wheels when he secured the 1964 title with Ferrari.

Volkswagen XL1: Geneva Motor Show 2013

The VW XL1 is going in to limited production with the promise of 314mpg and a price tag likely to be £100,000. Surprisingly, one of those ‘Super’ cars is a Volkswagen that will cost £100,000 and has all the attributes of a supercar. Except its party trick is extreme performance in economy, rather than performance.