1989rx7 Used Clutch on 2040-parts.com

2013 Fiat 500 gets modest turbo model

Fiat is adding a midlevel model, the 500 Turbo, to its U.S. lineup for 2013. The car will get a turbocharged 1.4-liter MultiAir engine rated at 135 hp and 150 lb-ft of torque.

Audi pulls plug on €40k A2 electric car

CAR can reveal that Audi has cancelled its electric A2 city car project, citing concerns over the model's projected €40,000 price tag. But the A2 is not the only Audi to be put on ice in Audi's electric car review. The A1 e-tron also looks to have been axed, as Audi slims down its future EV plans.

News watch February 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe)  • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.