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Maserati banks on Chrysler to boost global sales

Fiat CEO Sergio Marchionne has bold plans for the automaker's Maserati luxury sports car unit: to boost annual sales almost tenfold to 50,000 units from 5,675 last year. Three new models are key to this midterm goal and all are based on systems and components from Chrysler Group. Maserati will introduce two new sedans to replace its Quattroporte flagship model using technology from Chrysler's large sedans such as the Chrysler 300 and the Dodge Avenger.

EPA makes it official--greenhouse gases are pollutants

On the eve of an international climate summit, the EPA on Monday formally declared greenhouse gases to be dangerous pollutants, strengthening President Barack Obama's hand and laying the groundwork for a new 35.5 mpg standard for light vehicles. The finding is likely to have a greater impact on electric utilities, oil companies and manufacturers than on the auto industry. The EPA's scientific finding reported that these gases “are the primary driver of climate change,” which can intensify heat waves and increase ozone pollution linked to asthma and other respiratory illnesses.

Secret Service issues call for next presidential limousine

The Secret Service is mulling a replacement for Barack Obama's presidential limousine, the Cadillac-styled vehicle lovingly nicknamed "The Beast." News of the new limousine first reached the Internet via FedBizOpps.gov, the official site for Federal Business Opportunities, which provides listings and contracts for various government projects. (Some other listings included cleaning the kitchens at Okinawa, Coast Guard ship repair, and "Phacoemulsification Surgical Equipment.") It calls for a four-phase development program, which is seemingly straightforward. Phase 1 is armor development -- which is currently underway.