Auto News 5

In today's News Brake: A Bugatti Veyron's winning bidder gets cold feet, Fiat may sell Ferrari, and a 5-door Range Rover Evoque waits in the wings . . . But Wait, There's More! Full story...

Electric car maker Think has named former Fiat and Ford executive Barry Engle its new CEO. Full story...

2011 New Cars: Europe

Exotic-Filled 2010 Followed by Quiet 2011

The 2011 model year is looking like a fairly quiet one for the major European players. The Volkswagen group has new bookends, with a redesigned Jetta and the Sybaritic Bentley Mulsanne- plus a fresh Audi A8 in between. Both Swedish carmakers enter 2011 with new owners and new sedans- the Saab 9-5 and the Volvo S60- to celebrate their new leases on life, and, of course Fiat returns with its tine 500.

Photo Gallery: 2011 New Cars: Europe - Automobile Magazine

2011 New Cars: Europe | Digg It | Add to del.icio.us

Full story...

Nexteer Automotive is a multi-billion dollar global steering and driveline business solely dedicated to electric and hydraulic steering systems, steering columns and driveline products for original equipment manufacturers. Its 6,200 employees serve more than 60 customers in every major region of the world with 15 manufacturing sites, six engineering and 14 customer service centers strategically located in North and South America, Europe and Asia. Nexteer Automotive's customers include GM, Fiat, Ford, Toyota, Chrysler, and PSA Peugeot Citroen, as well as automakers in India, China and South America. In this interview, Matthew Beecham talked with Laurent Bresson, Nexteer Automotive's executive director in Europe and executive director of its global sales and marketing operations. Full story...

Fiat is considering listing part of Ferrari to raise cash to increase its stake in Chrysler, an Italian newspaper reported Sunday. Full story...

Fiat is considering listing part of Ferrari to raise cash to increase its stake in Chrysler, an Italian newspaper reported. Full story...

Chrysler Group said proposals from dealers seeking to sell Fiat vehicles in the U.S. exceeded its expectations. The automaker's dealers faced a Wednesday deadline to submit proposals for a franchise to sell the Italian brand. Full story...

Daimler is playing its cards close to its chest concerning reports it might be interested in a potential bid for Fiat's spun-off Industrial division. Full story...

Mahindra and Mahindra may back Italian financier Simone Cimino's plan to build electric cars at Fiat's Termini Imerese car factory in Sicily. Full story...

Mahindra and Mahindra, India's largest SUV maker, may back Sicilian financier Simone Cimino's plan to convert Fiat's Termini Imerese car factory to production of electric vehicles. Full story...

Fiat is remaining tight-lipped surrounding reports of bidders for its industrial unit to be spun off from the main company. Full story...

Fiat said it is looking at cooperation opportunities on Wednesday after a newspaper said its German rival Daimler is interested in its industrial arm. Full story...

Chrysler Group's fortunes will be crucial in creating value for shareholders of the new automotive-focused Fiat S.p.A. Chrysler could add between 2.75 euros and 5.40 euros (about $3.70 to $7. Full story...

Chrysler Group's fortunes will be crucial in creating value for shareholders of the new automotive-focused Fiat S.p.A. Chrysler could add between 2.75 euros and 5.40 euros (about $3.70 to $7. Full story...

Senior officials from the UAW plan to travel to Italy next week for a meeting with Fiat S.p.A. CEO Sergio Marchionne and a pitch to bring jobs to the United States for its suppliers. Full story...

Fiat has unveiled two new appointments aimed at strengthening emerging markets, as well as its brand and commercial operations. Full story...

Fiat unions want Ihe carmaker to provide job guarantees and give workers a greater say in company policy to win their support of Fiat's efforts to boost productivity in Italy. Full story...

Fiat unions want Ihe carmaker to provide job guarantees and give workers a greater say in company policy to win their support of Fiat's efforts to boost productivity in Italy. Full story...

Fiat has appointed former Toyota Europe sales chief Andrea Formica as CEO of its passenger-car brand. Full story...

Sergio Marchionne said Fiat could increase its stake in Chrysler from the current 20 percent to 35 percent by the end of next year and that Chrysler plans to launch its public stock offering by the end of 2011. Full story...