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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.

General Motors fires back at Volkswagen

General Motors issued a terse response this week to published comments by Volkswagen CEO Martin Winterkorn, who suggested to the German press that Opel could be sold to a Chinese competitor. Detroit-based GM called Winterkorn's comments “regrettable” and accused him of “fanning speculation.” Opel was nearly sold to Magna and Russian investors in the wake of GM's 2009 bankruptcy. But then-CEO Ed Whitacre and the corporate board reversed that decision, igniting controversy from German political and labor leaders who have long chafed under American oversight.

Domagoj Dukec on BMW's 2 Series [w/Video]

Following last week's reveal of the BMW 2 Series Coupé, the carmaker has released a video featuring head of exterior design Domagoj Dukec, in which he talks us through the car's design. The video, which also features BMW product manager Thomas Ebner, sees Dukec explaining how the three air intakes at the front – which also integrate the Air Curtain technology – set a marker for the car's "sportivity", before he explores the way in which new design features such as the grille and headlamps differ from those of its predecessor, the 1 Series. Moving on to to the side profile, he discusses what makes the silhouette typically BMW and what separates it from bigger coupés, while identifying the DLO as a special feature of the 2er.