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Fiat's Montezemolo plans to quit as chairman, sources say

Fiat S.p.A. Chairman Luca Cordero di Montezemolo will quit as company chairman to go into politics, three sources close to the company said. Montezemolo is set to stay on Fiat group's board, as well as remain chairman of the company's Ferrari sports car subsidiary.

MINI Paceman debuts in Detroit

The MINI Paceman debuts in Detroit The MINI Paceman debuts in Detroit   The fact that MINI has put together yet another concept – the MINI Pacemen –  comes as no surprise (especially as MINI sent us details of the MINI Paceman last month). In fact, the launch of the MINI Countryman last year arguably gives MINI the ability to double their range over time by making more versions of the supersized MINI to add to the seemingly endless versions of the original BMW MINI which litter the roads. And that’s exactly what the MINI Paceman is – a concept based on the MINI Countryman.

Mazda3 & Mazda5 Venture Edition launched

Mazda has launched the Mazda3 Venture and the Mazda5 Venture Edition in the UK, with sporty styling and extra equipment. So far this year we’ve had the Mazda6 Venture Edition and the Mazda MX-5 Venture Edition to push buyers in to Mazda Showrooms, and now we get two more – the Mazda3 Venture Edition and the Mazda5 Venture Edition to add to the temptations. Both versions of the Venture Edition are based on Mazda’s TS2 specification with a bit of added sportiness thrown in for more showroom appeal, with a spoiler at the back, side skirts, a sports grill, privacy glass and Fogs.