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Alfa Romeo is not for sale, Fiat chairman says

Fiat will not sell its Alfa Romeo unit and plans to relaunch the brand in the United States in late 2012, top Fiat executives said. “We would not sell Alfa even if we were offered tons of money,” Fiat chairman John Elkann told reporters at the Detroit auto show on Monday. Fiat and Chrysler CEO Sergio Marchionne said: “Alfa is part of Fiat's operational perimeter and we've already invested too much to get rid of it.” Volkswagen AG is rumored to be pursuing Alfa Romeo.

New BMW X5 meets its E53 & E70 X5 ancestors (video)

The three generations of the BMW X5 meet The new BMW X5 has just been revealed, and it follows the formula of its predecessors to deliver a new X5 that has more of everything previous X5s offered – performance, economy, space, practicality and luxury. BMW like to call the X5 an ‘SAV’ (Sports Activity vehicle) to differentiate it from real SUVs; although the X5 has four-wheel drive it’s not really a mud-plugger like a Land Rover, but more a 5-Series on stilts. But it’s a successful formula that started with the first generation X5 (E53) in 1999.

Honda CR-Z Mugen (2011): the first sketches

This is our first glimpse of the new, Mugen-tweaked Honda CR-Z. Developed by Mugen Euro, the UK-based arm of Honda’s long-standing tuning partner Mugen, this CR-Z features a whole raft of tweaks to turn it into a hot hybrid. As with the previous UK-spec Civic Type R Mugen, this new Mugen model is currently being touted as a one-off prototype, but just as that Civic was then built in limited numbers the same may happen with the CR-Z – and the individual parts may become available as aftermarket accessories too.