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Pininfarina could produce Sergio concept

Pininfarina may produce a few examples of the Sergio concept we saw at the Geneva motor show for a few well-heeled buyers with about $3.9 million in liquid assets. “We are considering a very limited run of five to six units," Pininfarina CEO Silvio Angori told Automotive News Europe. The Sergio is based on the Ferrari 458 Italia, and uses the same drivetrain including the 562-hp V8 and seven-speed dual-clutch transmission.

Chrysler says it needs another $2 billion in aid

In submitting its viability plan to the federal government on Tuesday, Chrysler asked for an additional $2 billion beyond the $7 billion in loans it sought late last year and outlined further steps to cut costs. Chrysler said it will reduce fixed costs by an additional $700 million, cut 100,000 more units of production capacity, discontinue three more model lines and sell $300 million more in assets.

Dodhy motors warning to buyers

MORE THAN half of those seeking help for "dodgy deal" second-hand car purchases experience faults with their vehicle within a month of buying it, according to Citizens Advice. Essential repairs include smoke emerging from the engine, corroded brake pipes and snapped clutches. Of the 2,519 complaints to Citizens Advice about used cars in the first two weeks of September, a total of 83% were about faults.