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Fiat's Montezemolo plans to quit as chairman, sources say

Fiat S.p.A. Chairman Luca Cordero di Montezemolo will quit as company chairman to go into politics, three sources close to the company said. Montezemolo is set to stay on Fiat group's board, as well as remain chairman of the company's Ferrari sports car subsidiary.

Volkswagen e-Golf goes on sale – price from £30,845

The Volkswagen e-Golf (pictured) is now on sale in the UK The Nissan LEAF has almost had the market place for proper family EVs to itself until recently, but the arrival of the impressive BMW i3 -especially when specced with a range extending motor – threatens to make a dent in LEAF sales, and another dent could come courtesy of the new Volkswagen e-Golf, which goes on sale today in the UK priced from £30,845 (£25,845 after taxpayer bribe). In most of the ways that matters, the e-Golf is a regular Golf MK 7, but lurking under the familiar exterior lies a thumping great bank of batteries weighing 318kg (about the same as a car full of passengers) and an electric motor driving the front wheels and good for 113bhp. Range for the e-Golf is up to 118 miles from a full charge, a charge that will take 13 hours from a regular 3-pin socket, a more acceptable 8 hours if you use the optional 3.6 kW wallbox you can spec (for free from British Gas) and a quick charge of up to 80 per cent in 35 minutes.

Spyker hopes for a Saab purchase accord in 'days, not weeks'

Dutch niche carmaker Spyker Cars NV hopes to reach an agreement with General Motors Co. to purchase Saab in “days, not weeks,” Spyker's CEO said today. If that doesn't happen, CEO Victor Muller said, Spyker may have to give up.