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Obama sought Ghosn to run GM, ex-car czar says

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.

After a rocky start, Honda's CR-Z joins U.S. hybrid derby

Honda Motor Co.'s new CR-Z sporty hybrid is the car that nearly wasn't. The wedge-shaped, two-seat hatchback was almost killed twice because engineers weren't convinced it was a unique concept and because U.S. bosses originally didn't want it.

JLR to build Range Rover Evoque & Jaguar XJ in India

The 2014 Range Rover Evoque (pictured) joins the Jaguar XJ as new Indian-built cars Jaguar Land Rover already bolt together the Land Rover Freelander and Jaguar XF in India, which explains why they are the best-selling models in JLR’s range in India. That’s because import duties for cars in India can be as much as 170 per cent, so building cars locally make them much more competitively priced. At the Delhi Auto Expo Ralph Speth, JLR’s CEO, confirmed plans to start building the Jaguar XJ in India (including the XJ with the 2.0 litre EcoBoost engine), despite the complexity of producing as complex a car as the XJ outside the UK.