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Fiat to spend big, dump the Punto & revive flagging fortunes by going upmarket

Fiat Punto to be axed as Fiat moves upmarket Fiat are having a very rocky ride as the Italian economy lurchges from one crisis to another. But Sergio Marchionne has a plan to put Fiat back on track. Spending of €9 billion over the next three years is planned to revive production in Italy, rationalise the Fiat range and continue to push upmarket with Maserati and Alfa Romeo.

Lexus GS (2012) spotted undisguised in China

2012 Lexus GS Undisguised in China (click image for full size) Despite the best efforts of Toyota to keep the 2012 Lexus GS under wraps, they obviously forgot that everyone in China now has a mobile with a camera on it, so up have popped a set of photos of the new GS ahead of the Pebble reveal. Poor old Lexus; they tried so hard. Yes, we had the LF-Gh Concept to base our expectations on (although the reality rarely meets the expectations a concept creates) so we had an idea Lexus were getting a bit bolder with the GS.

Toyota, Honda, Nissan and Mazda recall 3.4 million cars over Airbag fault

As recalls go, 3.4 million cars around the globe is a big number, but it’s that big because a parts supplier - Takata Corp – supplied the same airbag part to Toyota, Honda, Nissan and Mazda, so the recall involves all four Japanese car makers. The part at fault could cause the airbag inflator to rupture and deploy the airbag abnormally, although there have been no reports of injuries due to the potentially faulty part and just five reports of the fault existing – three in the US and two in Japan. In the UK the number of cars affected – and do note the recall only affects cars sold between 2000 and 2004 – appears to be about 75,000 for Toyota, 60,000 for Nissan, 15,000 for Honda and 2.000 for Mazda, and all four car makers will be getting in touch with owners during the next month to book their cars in for free replacement of the part.