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Fiat plans seven vehicles for U.S.

Chrysler LLC and Fiat S.p.A. will bring seven new vehicles to North America under their alliance--four with Chrysler brands and three as Fiats or Alfa Romeos. The vehicles will be built at Chrysler plants in North America and sold through select Chrysler, Dodge and Jeep dealerships, according to sources who have seen the product-sharing agreement.

Vauxhall Cascada: Price from £23,995

The Vauxhall Cascada – Vauxhall’s new four-seat convertible – will cost from £23,995 and arrives in Vauxhall showrooms in April 2013. Starting at £23,995 for the Cascada SE with the 1.4 litre petrol and rising to £29,115 for the Cascada Elite with a 2.0 litre diesel and auto ‘box, the Cascada certainly offers a lot of full-size convertible for the money. There are just two trim levels available – Cascada SE and Cascada Elite – with the SE coming with 18″ alloys, LED tail lights, DAB, rear parking sensors and USB, The Elite adds in stuff like leather, heated seats, Climate and steering wheel and fog lights.

China's Pang Da, Youngman agree to buy Saab

Chinese firms Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co. have agreed to buy Saab for $142 million (100 million euros).