Mopar 1970 E Wire Strap Kit Challenger Cuda Barracuda Plymouth Dodge on 2040-parts.com

Who's Where: Gordon Murray launches own design company

Famed Formula One designer Gordon Murray has launched his own design company, with its first project currently underway. But it's not quite what you might expect from someone who's made a name for himself building such aerodynamic performers like the McLaren F1 and Camparo T1 supercars. Murray's new project is to build an economical small car for the masses: one that would be both cheap to buy and to run.

Mercedes E 63 AMG S: UK price from £83,740

The E63 AMG S is the extreme version of what is already an extreme car in the E63, with a power boost that takes it from 549bhp to 577bhp – and throws in an extra 60lb/ft of torque for good measure too – and promises real extreme performance. The problem is, getting that power down to the road. In left hand drive markets that’s solved by simply offering the Mercedes 4WD option – 4MATIC – which does a much better job of transferring power to the road than the regular RWD layout.

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.