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Ford announces electric car plans at the Detroit auto show

Not to be left out of the electric car party, Ford announced Sunday at the Detroit Auto Show that it was developing a line of electric powered vehicles. In addition to its already announced hybrids and plug-in hybrids, Ford is working with Magna International to bring fully electric cars to market with lithium-ion battery packs. In the works is a Focus and Fusion-based vehicles that will be available in with all three powertrains.

Lancia to unveil its Chrysler-based flagship and a new Ypsilon

Lancia's Chrysler-based flagship likely will be called the Thema, company sources said. The sedan will debut alongside a new version of Lancia's best-selling model, the Ypsilon, at the Geneva auto show in March. The Ypsilon is key to Fiat CEO Sergio Marchionne's plan to nearly triple Lancia sales in the next four years.

New car sales in Cuba soured by 400-percent markups

While most analysts expected Cuba's lift of a decades-long ban on the sale of new cars to come with an asterisk or five, few could have predicted that the internationally hailed move would immediately turn out to be a mirage. Private car sales in Cuba have been heavily regulated by the government since 1959, and imports had been banned almost entirely. On Jan.