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Fiat previews the 500X small crossover

Fiat gave an unexpected sneak preview of a crossover variant of its 500 minicar. The model, which will be called the 500X, will go on sale in Europe in early 2014 and shortly after in North America. Fiat brand global boss Olivier Francois showed a full-size styling model of the 500X during the media launch on the 500L small minivan in Turin, Italy, on July 4.

New Range Rover ‘Ultimate’ and Range Rover Sport RS confirmed

The Range Rover Autobiography Black (pictured) The arrival of the new Range Rover in 2012 pushed the Range Rover even more upmarket, with the £100k Range Rover becoming a norm and some buyers speccing their RRs way beyond that. Land Rover has already responded to the obvious desire of buyers to make their Range Rovers more and more opulent with the arrival of the Range Rover Autobiography Black (pictured above) with an even greater standard spec and a longer wheelbase too. But now it seems Land Rover are starting to ready themselves for the inevitable arrival of Bentley’s SUV in the next couple of years (and probably and SUV from Rolls Royce too) with an even higher spec model.

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).