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SEMA breaks records, Ford cuts benefits, Chery and Fiat strike a deal.

Fiat has unveiled its next Ford Focus rival - and it`s not only the car that`s new! The Bravo will also give buyers the chance to say "Ciao!" to a fresh logo.

Fiat SpA said Friday that its board of directors has approved a plan to grant Chief Executive Sergio Marchionne options to buy 10 million shares in the automaker if the company meets financial targets from 2007-2010.

What things have gone wrong with the car? Clutch wore out by 10,000 miles. Replacement clutch lasted 600 miles.

UCIM Co Ltd, local agents for Fiat, is giving Maltese motorists the opportunity to benefit from a generous super valuation on their used vehicle - a first locally.

LONDON - November 4, 2006: Elle Macpherson, the Australian supermodel, became the first person to get hold of an ignition key to Fiat Auto’s new Panda 100HP as it made its UK public debut at MPH ’06 in London’s Earls Court this past Thursday.

Elle Macpherson, the Australian supermodel, became the first person to get hold of an ignition key to Fiat Auto`s new Panda 100HP as it made its UK public debut at MPH `06 in London`s Earls Court this week (Thursday 2nd November).

DK said that Fiat`s 2007 sum-of-the-parts valuation is attractive and would be enhanced further should Fiat largely meet its 2007 targets. It said future portfolio restructuring from 2008 might offer additional upside to 18 eur over the medium term.

Supermodel Elle MacPherson has been presented with the keys of the new Fiat Panda 100HP which made its debut at MPH `06. MacPherson, who already owns a Panda 4x4, was given the car by Fiat Auto UK`s Public Relations Director Peter Newton.

TURIN, Italy — Fiat will use Chery engines in its China-produced cars, but eventually these powertrains will appear elsewhere, including possibly in Italian models.