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Infiniti Essence unveiled at the Geneva motor show 2009

By Ben Pulman First Official Pictures 03 March 2009 11:38 This is the Infiniti Essence, a petrol-electric rear-wheel-drive coupe with 592bhp. It’s a concept, built to celebrate Infiniti’s 20th anniversary, but also to preview the company’s future design themes and environmentally friendly technologies, both of which will be essential if the badge is to conquer the UK market later this year. It’s not, but the petrol-electric drivetrain is a glimpse of Infiniti’s future power units.

New Range Rover – sold out for 2013

One UK Land Rover dealer is already reporting the 2013 Range Rover is already sold out for 2013, a week before it debuts at Paris 2012. Not only has Land Rover managed to push the Range Rover more upmarket - and managed to bring in the new 3.0 litre diesel at a similar price point to the old V8 diesel without any real moans about price hikes - they’ve made the Rangie more economical, more powerful and much ‘Greener’. That message seems to have filtered in to Range Rover buyers very quickly, with one Land Rover dealer in the UK already reporting they’ve sold out of their entire allocation for 2013.

Fiat will buy the rest of Chrysler for $4.35 billion

Fiat has announced that it will purchase the rest of Chrysler in a deal totaling $4.35 billion. Currently, the outstanding 41.6 percent stake in the company is owned by the UAW's voluntary employee beneficiary association, or VEBA, trust. Under the terms of the deal, Fiat won't shell out all $4.35 billion.