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Honda's future: small cars, no NSX or Euro Acura

Honda CRZ concept at the 2009 Tokyo motor show; one of the cars unveiled by Honda CEO Takanobu Ito By Ben Pulman Motor Industry 23 October 2009 11:22 Honda chief executive Takanobu Ito today spelled out his vision for the next decade at Honda to CAR Online. No successor to the NSX is under development, but there will be a smaller city car slotting under the Jazz in Honda's range. It will be launched in Asia at first, potentially following in the rest of the world.Ito, who is also president of Honda R&D, said that the company had no firm plans for a pure battery electric vehicle at this stage – the onus is on hybrid petrol electric cars and fuel-cell models.It will continue to develop diesels for Europe, but Ito admitted a project to build clean-fuel diesels for the US market had been cancelled.

GM sells Suzuki shares to raise emergency funds

By Tim Pollard Motor Industry 17 November 2008 15:24 GM is flogging its entire stake in Suzuki to pump cash into its survival funds. The General owns a 3% holding in Suzuki Motor Corporation and will sell 16,413,000 shares on the open market tomorrow. Based on today’s values, GM will raise an estimated £154 million through the sale, although Suzuki will exercise an option to buy back an equivalent number of its own shares in treasury stock.

Dodge Dart (2013) unveiled early

Dodge Dart (2013) revealed early The US take on the Alfa Giulietta, the 2013 Dodge Dart, has been revealed early after photos leaked out ahead of a debut at the Detroit Auto Show. The Dodge Dart has been teased in bits by Chrysler ahead of a debut at the Detroit Auto Show next week, but the interwebs have lost patience with the new Dodge tease and have jumped the gun, revealing the Dart in all its glory. And actually, it’s not a bad looking effort.