Auto News 5

The next addition to Cadillac's athletic and luxurious V-Series is breaking cover at the New York auto show with the reveal of the CTS-V Sport Wagon. Full story...

Mercedes-Benz designers have reworked the front of the R-class wagon for the 2011 model year, installing a more upright grille, a taller hood and reworked fenders and headlamps for a more rugged look. The rear fascia is also resculpted. Full story...

General Motors says its 2011 Chevrolet Cruze Eco, set to debut Wednesday at the New York auto show, gets 40 mpg on the highway due to a GM first: a lower front fascia with shutters. Full story...

Fiat CEO Sergio Marchionne believes new-car sales in western Europe will fall by 15 percent this year and will not return to pre-crisis levels until 2014. Marchionne said 2010 sales will be 25 percent less than the pre-crisis year of 2007 when 14. Full story...

Fiat CEO Sergio Marchionne said the automaker is considering selling hybrids in Europe. His comment adds weight to a remark by a local Italian politician that the company will soon launch minivans with a fuel-saving alternative powertrain. Full story...

Investors are showing continued interest in the auto-parts sector's stock and bond offerings. Consider the market's reception this month to Dutch auto parts supplier Sensata Technologies Holding NV, with U.S. offices in Attleboro, Mass. Full story...

Every now and then, brand enthusiasts and unions claim it would have been much better if Ford had bought Alfa Romeo instead of Fiat. Full story...

Daimler boss Dieter Zetsche is facing criticism in his dual capacity as group CEO and head of the Mercedes-Benz car unit, a German paper reported. Full story...

Several Asian brands plan world debuts at the New York auto show this week. Full story...

Volkswagen's British subsidiary Bentley is taking a close look at its 150-strong global dealer network. "We have to talk about consolidation at this point," said brand chief Franz-Josef Paefgen. Full story...

Volvo is a tiger that needs to be freed, says Li Shufu, whose Zhejiang Geely Holding Group on Sunday signed a deal to buy Volvo from Ford. "We need to liberate this tiger,and#8221; Li said. Full story...

CEO William Santana Li says Carbon Motors Corp. expects to be on track to deliver its first purpose-built police cars in 2013 if a request for a federal loan is successful. Full story…

An aggressive stance on antitrust enforcement by European regulators appears to have sparked the first major antitrust investigation of the U.S. auto industry in roughly 50 years. In late February, FBI investigators in suburban Detroit raided the U. Full story...

Here are profiles of some of the 28 finalists for the 2010 Automotive News PACE Awards. This group highlights environmental innovations. Full story...

In 2007, the last year U.S. light-vehicle sales topped 16 million, 28 U.S. dealership groups raked in $1 billion or more in revenue. Full story…

German driveline and transmission supplier ZF Friedrichshafen AG has named Konstantin Sauer as its new chief financial officer. Sauer, 50, will replace Willi Berchtold effective May 1. Full story...

Finally, some movement at Chrysler. After nearly a year of taking a hard line with rejected dealerships, Chrysler Group changed course last week and offered to reinstate 50 stores. Full story…

More than 300 prospective dealers thought they would be selling Mahindra pickups by now. But truckmaker Mahindra and Mahindra Ltd. has missed its third launch target. And no one at the Indian automaker or its U.S. Full story...

Daimler boss Dieter Zetsche is facing criticism in his dual capacity as group CEO and head of the Mercedes-Benz car unit, a German newspaper reported, citing an unnamed supervisory board member. Full story...

After a month in which auto sales were goosed by high incentives launched by Toyota, some automakers are downplaying the prospect of a full-out incentive war. It’s more like a skirmish, they say. Full story…