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Alfa Romeo is not for sale, Fiat chairman says

Fiat will not sell its Alfa Romeo unit and plans to relaunch the brand in the United States in late 2012, top Fiat executives said. “We would not sell Alfa even if we were offered tons of money,” Fiat chairman John Elkann told reporters at the Detroit auto show on Monday. Fiat and Chrysler CEO Sergio Marchionne said: “Alfa is part of Fiat's operational perimeter and we've already invested too much to get rid of it.” Volkswagen AG is rumored to be pursuing Alfa Romeo.

Luxgen Luxgen5 sedan

Luxgen, Taiwan's only automotive manufacturer with its own design and development center, has announced the launch of the Luxgen5 sedan, which the company says has three design aesthetic elements: surfacing performance, re-curved strokes and intelligent airfoil. What this translates to is a silhouette comparable to the Opel Insignia, with an arcing A-pillar that runs through the cant rail onto the high rear deck. The DRG boasts a large grille, where the chromed ‘wing' motif runs into the LED lamp graphics. The sculpted flanks feature an array of character and detail lines that fall into the ‘re-curved strokes' category of the Luxgen design language.

Fast and Furious star Paul Walker dead at 40

According to numerous reports, Fast and Furious star Paul Walker has been killed in a single-car crash that took place in a Southern California office park. Conflicting eyewitness reports suggest that Walker was either driving, or was a passenger in a Porsche Carrera GT when it struck a tree and burst into flames killing Walker and a passenger.