An Italian private equity manager wants to build electric cars at Fiat's Termini Imerese factory reported the Financial Times.
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Opel/Vauxhall said the announcement today (9 February) of its EUR11bn (US$15.1bn) investment to 2014 should see the automaker break even next year and return to profit in 2012.
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Official: Audi's new A1, Aston Martin triple-header world exclusive, facelifted Ford Mondeo spied, best sat-navs tested

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Ford plans to re-enter South Africa's entry-level passenger car market later this year with the launch of the new Figo which has just started production at the company's Chennai plant in India.
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Nissan has revised its forecast it would make another loss this fiscal year, saying it will now return to profit after government incentives boosted demand for its vehicles in China and Japan.
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Best-selling hybrid becomes latest Toyota to be recalled

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Ford is unlikely to sign a deal selling Volvo Car to Zhejiang Geely Holding Group by the end of this week as planned, Bloomberg News has learned.
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Audi is set to reveal a hybrid version of its A8 luxury car at next month's Geneva motor show, but will drop its famous quattro all-wheel drive system in favour of a front-drive setup to minimise weight and maximise efficiency.
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Sporty styling and better driving experience for Volvo

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Opel/Vauxhall CEO Nick Reilly today announced an ambitious five-year EUR11 billion 'plan for the future' that he said would "reinvigorate" 80% of Opel/Vauxhall model lines and place a strong emphasis on alternative propulsions.
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Toyota's US unit has announced a 'voluntary recall' of 2010 Prius and Lexus HS 250h Vehicles to update ABS software and will also check a power steering hose installation on some 2010 Camry models.
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Toyota Motor Corp (TMC) on Tuesday said it would recall four models to update software controlling the antilock braking system (ABS). The models are the current generation Prius, Prius plug-in, Sai and Lexus HS250h sold in Japan. The recall, for which TMC submitted notifications today to Japan's Ministry of Land, Infrastructure, Transport and Tourism, covers about 223,000 vehicles.
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Toyota GB on Tuesday said the global recall of the latest generation Prius built before 27 January 2010 would involve 8,500 cars in the UK.
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PSA Peugeot Citroen is set to announce that it returned to a small operating profit in the second half of 2009 when it announces its full-year results tomorrow (February 10) according to an analyst speaking to just-auto today.
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TORONTO, - After covering more than 7700 kilometres on some of the most scenic, remote and challenging roads in Canada, the smart Winter Expedition concluded over the weekend. The expedition began on January 26th, in Kelowna, British Columbia, and throughout the course of two weeks, 46 participants over three waves made their way up and down the west coast, through the Yukon and all the way to Inuvik, N.T (68 degrees 22' North Latitude) before ultimately completing their journey on February 6 at the smart Centre in North Vancouver.
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Do you want a premium crossover SUV, but haven't got the extra arm and leg required to pay for it? Fear not, value-minded shopper--the Veracruz was built just for you. Though it's packed full of entertainment and luxury hardware, it's also a Hyundai, which means it's big on affordability, confidence and style.
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At the 80th Geneva Motor Show starting on 2nd March, Suzuki's will exhibit its latest hybrid technology concept for the first time in Europe - a Swift with Plug-in Hybrid system.
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Today, controversial tattoo artist Henry Hate unveiled his first ever sculpture and the world's first ice tattoo in a creative partnership for the launch of Nissan Cube.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up