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FIAT

IT"S over ò€“ General...

IT"S over ò€“ General Motors has filed for bankruptcy. The ailing car giant has sought protection from its creditors under Chapter 11, allowing it to continue to trade while it restructures.



The Japanese firm denied...

The Japanese firm denied any confusion over the pronunciation of the name of its hatchback, which goes on sale in Feb÷­ruary. A spokesman said: "It"s an "ow" sound, as in owl, followed by "ris"."


News of the day
Jaguar has unveiled...

Jaguar has unveiled the supercharged version of its lauded redesigned XK sports car.

Autotuning

Larger than the outgoing...

Larger than the outgoing model, the next Punto has a pronounced front bumper and a steeply raked bonnet. These will help it to become one of the world"s first cars to meet the strict new pedestrian impact regulations that are due to come into force in 2005.

The new look is the work of Italian designer Giorgetto Giugiaro, who has a long history of styling small Fiats, including the original Punto and the Uno. Underneath the modern wrapping, the Punto shares an all-new platform with the 2006 Vauxhall Corsa.

Developed jointly by Fiat and GM Europe, the chassis will be much stiffer than the current Punto"s, which means it will have better ride and handling. Engines will be similar to existing units, with a combination of petrol and Multijet diesels on offer. A sporty Abarth model will use a turbocharged 1.6-litre petrol engine currently under development by GM Europe, or a 150bhp 1.9-litre oil-burner.

The new Punto is all set to make its world debut at the Geneva Motor Show in March, with UK sales scheduled to start next autumn.




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