Cobb 716100 on 2040-parts.com

Fiat 500e EV LOSES $14,000 on every one sold – so please don’t buy, says Marchionne

Fiat lose $14,000 on every electric 500e The electric Fiat 500e arrived as a concept at the Detroit Auto Show in 2010 and finally arrived as a production reality at the Los Angeles Show in 2012 before going on sale in the US. The 500e is an appealing little car for zapping around town, especially if you only do a relatively low mileage every day and have somewhere to plug it in. But it is rather expensive.

Multi-Million Euro Results At Coys Classics Auction

THE MONEY flowed thick and fast at the recent Essen Techno Classica classic car show, as Coys auctioneers sold some important cars for significant sums of cash. Headline-grabbing cars included a 1972 Ferrari 365 GTB/4 Daytona Berlinetta that went for €487,305, a 1963 Bentley S3 Continental “Flying Spur” for €170,825 and a 1965 Ferrari 330GT 2+2 for €167,468. Other important classic cars that went under the hammer were a 1962 Jaguar E-Type Series I 3.8 Litre Roadster for €112,637 and a 1937 Bentley 3½ Drophead Coupe by Barker for €109,280.

New Bugatti 'could be too fast to test'

THE UPCOMING replacement for the world's fastest luxury car could be too quick to test, according to a motoring magazine. Bugatti is looking to replace the famous Veyron with a new, faster model that could reach speeds of around 286mph, but questions have been raised by weekly title Autocar over whether the facilities will exist to test it to its maximum. Not only is space a concern for the 1,500-horsepower concept, because it will need much longer straights than the Veyron, but also tyres are an issue.