Vintage Chris Craft Amperes And Oil Pressure Gauge on 2040-parts.com

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.

Malaysian Grand Prix (2014): RESULT

Malaysian Grand Prix (2014): RESULT The opening Grand Prix of 2014 in Australia could have been a demonstration of Mercedes’ apparent superiority with the new F1 engines, but Lewis Hamilton’s car let him down leaving Nico Rosberg to take the win for Mercedes. But at the Sepang Track in Malaysia this morning, Lewis Hamilton had no such problems and was ahead of the pack from lights to flag to take a convincing win for Mercedes, 17.3 seconds ahead of his team mate Nico Rosberg in second place with reigning champion Sebastian Vettel trailing in third. An impressive Mercedes one-two in Kuala Lumpur.

MG Rover – Serious Fraud Office (SFO) to investigate

The Rover 75 Coupe - one of MG Rover's last big ideas before its collapse in 2005 MG Rover was bought from BMW for the princely sum of £10 after BMW had had enough of trying to make a viable company out of a business that was still undermined by the woes – and attitudes – of the British Leyland years. That £10 purchase price also came with £425 million in loans from BMW, so MG Rover had a chance. But the collapse, and the subsequent sale of the rights to the MG trademark to SAIC (Shanghai Automotive Industry Corporation), brought accusations that the ‘Phoenix Four’ – Directors and owners of MG Rover – has acted fraudulently when it was revealed they had acquired more than £40 million in pension rights, salary and assets in the intervening five years between purchase from BMW and collapse.