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Is Ferrari for sale?

Reports out of Europe have Fiat considering selling a big chunk of Ferrari S.p.A. to raise cash so it can increase its stake in Chrysler Group to 51 percent. The Italian newspaper Il Corriere della Sera said it has gathered information at Fiat’s Turin headquarters and reported Fiat wants to raise cash to fund buying 51 percent of Chrysler, up from the 20 percent it owns now.

Cluttered-up cars failing MOT test

CLUTTERED-UP cars are causing thousands of drivers to fail the MOT test. Some vehicles are not passing the test as the screenwash is not topped up, the survey by Whatcar.com found. Test centres are also failing vehicles as they have stickers on the windscreen that block the driver's view, while some drivers even turn up for a test sporting no number plates.

Glass’s Guide Luxury Cars price crash

I think we all knew it was happening, but Glass’s guide, the trade bible for used car values, has confirmed that luxury cars in the UK have fallen out of bed in a big way. Comparing luxury diesel saloons with a year ago, they say that average values have dropped by a massive 21%. And in pure money terms the top end coupes, such as the Porsche 911, have fallen by 18%.