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Renault buys Caterham out of the joint Alpine sports car venture

Renault buys Caterham out of the joint Alpine sports car venture It’s more than eighteen months since Renault and Caterham joined forces to create a new breed of sports cars around the Alpine brand. Renault say the arrangement is a mutual one and officially brings to an end the joint venture, and that the business will be renamed Société des Automobiles Alpine this month, although Renault aren’t excluding further ventures with Caterham in the future. The split means that the Alpine project will now be a purely Renault one, and Renault are planning to get their Alpine to market by 2016.

Fisker reborn as The New Fisker

The assets of Fisker may now belong to China's auto parts giant Wanxiang, but reports of the brand's demise have been greatly exaggerated. It was earlier believed that along with the technology and the debt that Wanxiang would be taking on, one thing they wouldn't get is the Fisker brand name itself. After all, in the relatively short history of struggling western automotive brands that have been bought up by Chinese automakers, brand names haven't always been part of the deal.

Toyota closing NUMMI factory in California

Toyota Motor Corp. plans to close its oldest U.S. auto plant, New United Motor Manufacturing Inc., a venture that once symbolized Toyota's zeal to learn the art of automaking in America.