Auto News 5

The success of GM's IPO bodes well for Chrysler's planned share sale, Chrysler CEO Sergio Marchionne said. Full story...

Chrysler Group today released a list of 130 dealerships that have received letters of intent to get Fiat franchises. Full story...

Even as it was phasing out its other vehicle assembly operations, Pininfarina had hoped to specialize as a producer of electric cars. Full story...

Fiat, Volkswagen, Ford, Opel/Vauxhall, Renault and PSA all saw steep declines in their European new-car sales in October as the region's auto market fell by 16.1 percent. Full story...

Fisker Automotive is negotiating a deal to sell its Karma electric car in China and remains open to partnerships with larger rivals, CEO Henrik Fisker said. Full story...

Tiny Norwegian electric car maker Think is trying to turn its biggest weakness into a strength. 'The real opportunity for us is to accelerate our capabilities on the sales and distribution front,' new Think CEO Barry Engle said. Full story...

Saab is challenging BMW AG and Audi AG with its first crossover, which will be displayed today at the Los Angeles auto show. Full story...

Seat named Matthias Rabe as its new randd chief. He replaces Frank Bekemeier, who will head VW Shanghai product development. Full story...

Indian and Russian companies may follow China's lead in doing overseas deals to help grow their automotive industries, Meyrick Cox of Moelis and Co told the Reuters Global Autos Summit in London. Full story...

On display under the Porsche banner, is the ultimate Carrera, the 911 Carrera GTS. Unveiled at the Paris Auto Show, the GTS's 3.8-litre engine has had intake and exhaust modifications, bumping the output up from 385 to 405 hp. Standard is a six-speed manual transmission, with an optional 7-speed PDK gearbox. PDK-equipped models fitted with a Sport Chrono Package Plus should hit 100 km from 0 in a blistering 4 seconds. It rides on the same 1.7-inch wider rear track as the Carrera 4 all-wheel drive model, hence wider wheels behind. Full story...

This Friday has been marked out as a likely turning-point in the Lotus naming dispute. Full story...

Nissan kept the new Ellure Concept heavily under wraps until its debut at the LA Auto Show today. Details on the concept vehicle were scant to non-existent - the only information that the Japanese carmaker has released is that it will be "a sedan notable for its innovation". Full story...

The Jaguar C-X75 made its North American debut today at the 2010 Los Angeles Auto Show. Celebrating the brand's 75th anniversary, this concept signals the application of new, more environmentally-friendly technologies in future Jaguar high-performance cars. Full story...

Cadillac explores new grounds with the Urban Luxury Concept (ULC). This tiny vehicle was shown to a small crowd of journalists on Wednesday evening at GM's North Hollywood Advanced Design Center (NHADC), an institution celebrating its tenth anniversary. Full story...

Former two-time World Formula 1 Champion Mika Hakkinen believes that Michael Schumacher is a "tragic ex-hero" who should return immediately to retirement. Full story...

Sharing much of its mechanicals with the Golf, the Eos, now four years old, was due for a makeover. Now that the new Golf and Jetta are here, as is the Touareg, only the Eos and Tiguan still carry the "old" face of Volkswagen. Hence, the 2012 Eos looks much like the MK6 Golf head-on. The rear bumper is redesigned and now sports a rear diffuser and LED lighting. Full story...

Following hot on the heels of Land Rover's stunning three-door Evoque unveiled in Paris, the 5-door version of the venerable marque's sport-utility vehicle made its official debut today at the LA Auto Show. Full story...

Chevrolet took the wraps off the new 2011 Camaro Cabriolet at the Los Angeles Auto Show. This is the first convertible in the Camaro lineup since 2002. Full story...

We're still fresh from our first impressions drive of the new CLS and here, in Los Angeles, Mercedes has unveiled what we all knew was coming: the AMG version! Full story...

Australian driver Daniel Ricciardo completed his domination of the Formula 1 rookie test in Abu Dhabi, by setting a time 1.3 seconds faster than new world champion Sebastian Vettel pole position lap for last Sunday's Grand Prix. Full story...