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De Tomaso boss arrested by Italy’s tax police

Gian Mario Rossignolo, Chairman of bankrupt De Tomaso, has been arrested by Italian Tax Police over misuse of public funds. There was always something a little odd about the plans of Gian Mario Rossignolo for De Tomaso. Not at first, it’s true, but when De Tomaso delivered the Deauville Crossover as the opening salvo we all knew the new De Tomaso was an accident waiting to happen.

Honda looks ahead with new SUV

HONDA has unveiled a brand-new crossover SUV at the Tokyo Motor Show, scheduled to reach the UK in 2015. The compact-sized Vezel offers four-wheel drive and in Japan will come in petrol and hybrid models, although the 1.6-litre diesel is likely to feature in European specification. Combining the stance and driving position of an SUV but the design features of a coupe, the Vezel aims to compete with the increasing number of crossover vehicles that are winning sales from conventional hatchbacks.

New baby Jaguar to be called XE

Jaguar has revealed its new small saloon rival to the BMW 3 Series will be called XE. The new Jaguar XE, which will be revealed this year before going on sale in 2015, will be the first all-aluminium car ever launched in the premium small saloon sector – and prices are expected to start from £30,000. Jaguar is promising a range of cars that stretch from a sub-100g/km model (something the BMW 3 Series doesn’t yet achieve) to one that can reach a top speed of 186mph (a speed that’s also faster than every 3 Series).