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Alfa again delays U.S. return as European debt crisis deepens

Alfa Romeo has delayed the U.S. introduction of several key models by at least another year and has canceled plans to build a mid-sized SUV at Chrysler Group's factory in Toledo, Ohio. Alfa Romeo CEO Harald Wester, in a presentation to financial analysts in Frankfurt on Wednesday in connection with the Frankfurt auto show, said Alfa Romeo was scaling back its global expansion plans.

BMW unveils 2012 Olympic Pavilion

BMW – one of the major sponsors of the 2012 London Olympic and Paralympic Games – has unveiled its pavilion for the event. Designed by British architecture firm Serie, the Pavilion makes use of various carbon reducing and recycled elements in its construction to symbolize BMW's sustainability drive. The Pavilion's upper platform will feature a range of BMW products, including the new i3 and i8 electric models, whilst the lower part will house an interactive display that allows visitors to view just how BMW is supporting both the Olympic games and Team GB.

Fashion designer John Varvatos continues Detroit theme in new Chrysler 300 ad

Continuing the "Imported from Detroit" campaign that launched with Eminem's epic Super Bowl ad, Chrysler has partnered with fashion designer and native Detroiter John Varvatos for the next installment in the star-studded series of commercials. With Iggy Pop playing in the background, the spot shows Varvatos driving a Chrysler 300 as the voiceover says that the Motor City's "perfect combination of rock and roll and heavy industry" made it the designer's muse. Chrysler also is running an ad with Detroit Lions defensive tackle Ndamukong Suh.